Cloud-Based time and attendance, enterprise resource planning (ERP), customer relationship management (CRM), and host of other workforce management and human capital management software applications have made significant strides in manufacturing operations over the last several years. And, that’s due in part to many executives in the manufacturing industry embracing the many benefits that a cloud-based application brings with it. It is also worthy to note that the manufacturing sector have also had to adapt to global competition in the economic slowdown of recent years. In short, when your competitor is consistently outpacing you by using new and technology, thus, increasing their profits, wouldn’t you want to find out why and how?
Global market research and intelligence firm IDC released its 2016 prediction aptly titled “Top 10 Manufacturing Predictions For 2016: The Cloud Enables Greater Customer Centricity”. In no particular order, we have listed the following 3 predictions:
“In 2016, 20% of Manufacturers Will Begin to Break Down Organizational Silos, Reshape IT Portfolios, and Import New IT Talent in the Plant for Digitally Executed Manufacturing. IDC predicts that rigid, centralized factory control systems will start to give way to decentralized intelligence as machine-to-machine communications start to hit the factory floor. To support this transformation, IDC says that a new generation of technology-savvy and technology-empowered workers, with information available at their fingertips, will be needed.
By the End of 2016, 65% of Manufacturers Will Have Metrics in Place to Evaluate and Drive Pervasive Changes in the Workplace with Their New Technology Investments. IDC predicts metrics associated with 3D printing productivity and security will become more pervasive in 2016. In addition to these, advanced analytics that can recommend which customized product configurations, service bundles, and pricing options are optimal for a given sales cycle will emerge, supporting by cloud-based platforms capable of providing analytics reporting on any device, anytime. Tableau will continue to see adoption accelerate in manufacturing as a result of the myriad of new metrics being created today and in 2016.
By the End of 2017, 50% of Manufacturers Will Exploit the Synergy of Cloud, Mobility, and Advanced Analytics to Facilitate Innovative, Integrated Ways of Working on the Shop Floor. IDC believes that companies will realize the short-term opportunity of using the cloud as the fabric to establish a companywide platform to analyzing data coming from the shop floor and converting it into actionable information for enterprise decision makers. Acumatica, Microsoft AX on Azure, NetSuite, and Plex Systems are cloud-based ERP providers who have experience scaling manufacturing operations starting at the shop floor. A few including Plex have analytics that support shop floor to top floor reporting.”
These predictions are clear indications that all things cloud have changed rapidly and are being embraced by small and large organizations alike. ATS TimeWork OnDemand Manufacturing Time and Attendance solution was designed for industry-leading plant floor to top floor functionality. ATS TimeWork OnDemand delivers unprecedented customer success through a relentless pursuit of time tracking, analytics and data extrapolation through continuous innovation.
To learn about ATS cloud-based time and attendance solution, or to view a demonstration go to our website. And, to speak to a sales consultant call us at: (866) 294-2467.