Tag: Cloud

Technology is changing the landscape of supply chain at a breakneck pace, and organizations that are able to stay ahead of the curve often enjoy a significant advantage over their industry competitors. Digitization, cloud computing, big data, Internet of Things, and artificial intelligence are all major factors in shaping operational strategy. These manufacturing innovations have given rise to a trend dubbed Industry 4.0.

John Stroup, President and CEO of Belden Inc., paid a visit to The Boeing Center to share his wealth of knowledge, and to give a brief history of Industry 4.0, aka the Smart Factory. He explained that Industry 4.0, a term coined in Germany, is the fourth major iteration in manufacturing processes. “‘Smart Manufacturing,’ ‘Intelligent Factory,’ and ‘Factory of the Future’ all describe an intelligent, flexible, and dynamic production facility, where machinery and equipment will have the ability to improve processes through self-optimization and autonomous decision-making,” said Stroup. The major improvements from 3.0 to 4.0 are the ability to automate complex tasks (even remotely) and the access to data across the whole supply chain that allows for greater flexibility and connectivity.

Stroup went on to discuss the key characteristics of the Smart Factory and how innovations in digital technology have improved existing business models and enabled new ones. Such innovative technology allows for improved productivity, flexibility, and decision making, all of which benefit manufacturers and consumers alike.

For more supply chain digital content and cutting-edge research, check us out on the socials [@theboeingcenter] and our website [olin.wustl.edu/bcsci]

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Supply Chain // Operational Excellence // Risk Management

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SaaS, PaaS, IaaS for E-commerce or E-commerce for SaaS, PaaS, IaaS both can have symbiotic relationship for fueling the growth in the coming years, Want to know more, here’s HOW?

It is very evident that cloud is taking control over the industry IT services, recently GE has announced that it will move 70% of its existing application to cloud. This it-self is a huge win for industry as players like GE has global consumer base for various domains be it healthcare, aviation, Finance, Oil and Gas etc. A lot is there that can be encashed from usage of cloud offering with SaaS, PaaS and IaaS especially when we have big player like Oracle having special focus on the cloud.

Cloud has got a very much important role in the easy availability of SaaS, PaaS and IaaS for e.g. Amazon AWS which itself is revolutionizing the industry.

Leveraging SaaS, PaaS, and IaaS for e-commerce solution

With the proposed growth of E-commerce across globe to be $1,506 (USD) billion by 2018, there lies huge potential in the usage of SaaS, PaaS, and IaaS for quicker E-commerce solution (SaaS, PaaS, IaaS for e-commerce). The standard packaged E-commerce website solution based on leveraging the cloud based SaaS, PaaS, and IaaS will result in huge benefits (Shortening the effort estimate required for bringing the E-commerce website live along with the future upkeep and maintenance) to the E-commerce industry as well to the IT industry as well, though this can be certainly packaged with other value added services like SEO optimization and other related features.

Leveraging E-commerce Platform for selling SaaS, PaaS, and IaaS 

Another revolutionizing aspect can be usage of popular E-commerce platforms (E-commerce for SaaS, PaaS, IaaS) for selling the SaaS, PaaS and IaaS. This way IT industry can make use of the rise of e-commerce for retails sales and this can be used as additional channel for sales.

The selling itself can be workflow based on approval and regular checkout feature which is normal facility from the e-commerce players. This should really help in value addition for the SaaS, PaaS and IaaS offering from the vendors where they can package the same with value added service like end to end consulting or assessment of the requirement from the customer. This can be a bundled pricing or someone may opt to provide it as a free pre-sales service.

Photo credit: Chris Potter, Flickr Creative Commons