Keyword: Industrial digitalization

Good data security is critical to the continuity of an organization’s operations. New data security requirements, such as the NIS2 Directive, are putting additional pressure on companies to create sustainable practices...

Artificial intelligence boosts industrial production in many ways. It supports decision-making and proactive maintenance and helps optimize processes. It also enables business development, and even completely new...

Today, June 5, is the annual World Environment Day. How can digitalization contribute to sustainable development?

OEE is a metric for measuring production efficiency. It can be used to monitor and improve production efficiency in production plants as well as individual machines. The acronym OEE stands for Overall Equipment...

Reducing manufacturing lead time improves business profitability, competitiveness and customer satisfaction. Lead time reduction also advances agility at work and enables quicker responses to changes in the operating...

When calculating the payback period of any acquisition, one basically needs to know two things. First, how much does the acquisition cost in money and through staff’s working hours. Secondly, how does the renewal bring...

The efficient management of material flows is in key role in maintaining and improving the profitability of businesses operating in circular economy. These businesses often manage up to hundreds of inbound and outbound...

The circular economy market is growing faster than ever but at the same time the operators on the sector have been caught in a riptide. Sitra forecasts that the Finnish circular economy will have an annual growth...

Responsibility has become a real Big Question in industry in the past few years. As we become more environmentally aware, companies have a rather conflicting role in it: They can innovate solutions that contribute to...

Traditionally, assets in industry have included competence, quality and cost efficiency. As digitalization reaches further and further into industrial sectors, new paths to success are forged: speed, agility and...