Data-based decisions

When facing the current environment of Volatility, Uncertainty, Complexity and Ambiguity (VUCA) which is also highly competitive, the digitization of industrial material is an essential differential value in order to quickly adapt to market requirements. It’s a must in order to optimize plant production and respond to new consumption habits that require agile, personalized manufacturing in record times.

In this Industry 4.0 era, the new integral production strategies adopted thanks to the implementation of artificial intelligence and machine learning cloud solutions; at the plant, in terms of the sensorization of machines and processes and the Internet of Things (IoT); and in products, in terms of 3D modeling and simulation systems (Digital Twins, Augmented and Virtual Reality) allow total management of the product life cycle in the digital supply chain.

Many manufacturers agree: it is extremely difficult to produce an accurate quote in a timely manner. Regardless of your industry experience, or how extensive the Excel sheet is that you use, you need to account for many variables to generate the most accurate quote.