If there is one thing that’s absolutely certain, it is this: we live at the edge of a very exciting era of technological breakthroughs
At the beginning of the Industrial Revolution, the power loom increased the worker output by a factor of FORTY.
What if you could create a leap like that overnight? Well, keep on reading…
Industrial Revolution started at around 1760 in England (although historians debate about the exact date.)
This latest quarter of a millennium, including the Industrial Revolution, has been quite a leap, even when compared with the whole rest of the evolution. And yet, in the latest 20 years alone we have made such unbelievable leaps again, that it boggles the mind. What will the next 20 years be like?
What is Industry 4.0? Well, it is a German-initiated program to advance the computerization of the manufacturing industry. The term itself refers to the fourth Industrial Revolution.
Right? The first one: using water and steam to power up the production. Second: mass production with the help of electric power. Third: automating production with the help of electronics and IT. And now the fourth: cyber-physical systems that help create the Smart Factory.
Exhaustive scientific literature proves that even the so called “experts” perform BADLY when trying to predict the future. Badly as in “monkeys throwing darts at stock portfolio tend to perform better than the so called experts.”
Like REALLY badly.
So, we don’t claim to know the future here, as it’s an impossible task. What we can do, however, is to paint a broad vision of where our clients are going, and what are some of the ramifications of these trends.
1. Real time connectivity
While this might be old news to some, it bears repeating. In the Smart Factory (factory being an analogue here), the different machines are constantly communicating with each other and their operators. Machines are no longer like independent islands on the ocean of industry. No, they are becoming increasingly interconnected in a way that opens up totally new possibilities.
2. True virtualization and simulation
Do you like the fancy words we throw at you? Virtualization essentially refers to something that’s purely an abstraction, not a real, tangible thing. Simulation, on the other hand, comes from Latin word “similis”, which means “like”.
So, we are creating an imagined replica, if you will, of the actual reality (site, factory plant), and then we simulate possible future scenarios with varying probability. Then, through the use of very, very advanced analytics we can measure the gap between the modelled reality and the actual one.
Well, truth be told, it is.
But not to worry, we are all in the same boat here. We are all figuring out ways to tap into – no, to PLUNGE into – this gigantic opportunity before us. It’s complicated and very rich in all the possible scenarios, but well worth the journey.
If advanced analytics seems like a good companion for you in your own journey, make sure to read the next couple of quick sentences as well.
Proper analytics can lift you from swimming in the jello, and put you in the fast track. As an example, if you give up the SQL servers you might be using right now, you can be expecting average improvements of 10x to 100x (even 127x) ON AVERAGE by working with us.
Hype? One of the projects we did with THE gambling market player in Finland (RAY), turned out to them having a 100x boost in their Cognos reporting.
That’s a real HUNDRED X improvement in the time they had to spend on mining insights. That’s pretty significant, yes?
And now that Microsoft is going to pull out it’s support for SLQ Server 2003 by the end of June, there is no better time than now to get started. Really.
So, if this is for you, make sure to fill out our very fancy and technologically superior contact form, and state thy intentions. Let’s figure out how to get to work on this together.
COO, Service Delivery
+358 40 550 2524
Keilaranta 17, C-talo