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Smart Manufacturing Models with Sustainable ROI


Tom Craven (VP of Product Strategy, RRAMAC Connected Systems)

Location: 209A

Date: Tuesday, February 6

Time: 4:00pm - 4:45pm

Pass Type: Conference (Paid) - Get your pass now!

Conference Track: Smart Manufacturing

Vault Recording: TBD

Most manufacturing companies recognize that Smart Manufacturing will provide a continuous improvement platform that will ultimately result in both cost savings and productivity improvements. Yet many companies are hesitant to invest in these smart capabilities. The initial investment in smart manufacturing can be overwhelming and the required IT and OT hours can be difficult to predict. These factors make it extremely difficult to make a compelling case for the ROI. This session will discuss and explore the benefits of a Software-as-a-Service approach that will deliver measurable and predictable ROI in the first year. This session will also explore defining a growth strategy for Smart Manufacturing to provide increasing and sustainable ROI several years post implementation.