Why is now the Smarttime to create a super fast Smart Factory?
Why is now the SmartTime to create a super fast Smart Factory?
Fewer than 12% of the Fortune 500 companies in 1955 were still on the list 62 years later in 2017. 88% of the companies have either gone bankrupt, merged with (or were acquired by) another firm, or they still exist but have fallen from the top Fortune 500 companies.
Technology disrupts businesses and markets and (almost) all information is available to anyone at any time. Change is no longer an exemption but a constant in most businesses, progressing rapidly each day. There is no questioning that survival and growth in today’s business environment provides other challenges and solutions from those faced in the past.
Visdata have partnered up with the leading productivity solutions providers to develop a suite of smart software products aimed at not only preparing your business for the Industry 4.0 era but making the whole manufacturing process smarter and more efficient.
“Businesses that harness the new technology today will be the winners of tomorrow”, John Wilde of Productivity Solutions Limited says. “The key to productivity is not just about how fast we work, it’s about how work is done, it’s about the processes and making the best use of the resources available. The technology revolution will be at the forefront of productivity gains now and in the future and this will aid companies to grow and outpace their competitors.” he added.
Matt Benfield, Managing Director of Visdata Limited, is feeling excited about the current era of technology and their new shop floor product range. “It’s not about replacing your existing systems, it’s more about bringing the technologies together to work collaboratively and provide bi-directional information at the point of manufacture.” he said. “Overseas companies are already building smart factories and it is our aim to ensure that UK companies not only remain competitive, but lead the way in a fully integrated environment. Now is the right time for manufacturers to starting tackling the challenges of tomorrow and there has been no better time to start looking at the process than today”
The SmartTime software suites’ fundamental aim is to deliver increased sales, reduced costs, improved efficiency and enable a more agile real-time working environment for more information about the Visdata portfolio visit the websites: