Without a good shop floor connectivity solution implemented, linked to a smart digital platform, the cost of even collecting data will be prohibitive. Beyond that, the cost of turning that data into insight will always be too high. Time spent connecting your equipment to a single, unified digital platform would be time and resources wasted if that platform doesn’t turn the data you’re collecting into useful information. Moreover, the business insights you’re missing out on will put you behind your competition, meaning less revenue in the long run. If you’ve managed to connect your business up, with multitudes of sensors and next-gen networking, but the system you’ve put in place to handle that data lacks usability, you’re also wasting money. The data collected can’t be accessed by the people ready to make the data led decisions that will be increasing your efficiency, productivity, sustainability, and ultimately your bottom line. All of these above considerations make data expensive. If you’re not collecting it in a scalable fashion and making it usable, then any data led efforts are going to cost you more than they make you. Affordability What is the true cost of data? SHOP FLOOR CONNECTIVITY ACROSS YOUR SUPPLY CHAIN
