Data-based decisions

Typically, a second machine tool is added to plants in an attempt to increase production and/or diversify. However, we are also seeing it as a phenomenon aimed at resolving the issue with small series. This occurs when there’s a machine with a large automated production capacity which is expensive to interrupt in order to manufacture small series. To cover this gap and avoid interrupting serial production, many factories use an additional, cheaper machine, without automation but with greater availability.

As we saw at the start of the pandemic, digitized companies have been those best able to overcome the limitations of confinement. They have also had, and continue to have, the greatest potential to succeed in these times of uncertainty. In times of coronavirus, the value of connectivity has been recognized for its ability to enable productive activity to continue through remote working.

There has been a considerable amount of publicity about the advantages of cloud computing and rightly so. The advantages are clear as it removes the need to have skilled people to set up and run complex in-house computer networks and also takes away the need to invest in expensive equipment and continually reinvest to keep it up to date.