As manufacturers endeavor to create products for the global market, manufacturing processes are becoming increasingly complex and factory equipment more costly. Computer-integrated manufacturing systems are rapidly being equipped with sensors, controllers, and other embedded devices that are able to manage production, equipment maintenance, product quality, inventory and supply chain operations.
In the fickle and cyclical semiconductor industry, market trends and pricing are constantly shifting. NXP Semiconductors N.V., which develops electronics solutions for the connected car, cybersecurity, portable and wearable devices, and the Internet of Things (IoT), understands this all too well.
As savvy financial services professionals know, many industry players have multiple product and business lines that are constantly changing due to shifting customer and market demands. One TIBCO Spotfire client, CFS Consulting Group, is well aware of these challenges. CFS Consulting is predominantly focused on providing its clients with custom… Read More →
One of the greatest fears for manufacturing executives is the threat of a product glitch. Depending on the size and scope of a problem and the number of products or consumers affected, product recalls can mean billions of dollars in recall costs for manufacturers, not to mention legal and medical… Read More →
Shifting market forces are shaking up the retail banking industry from new payment platforms – including those from big players like Amazon – to mobile banking, peer-to-peer lending to regulatory constraints and a persistently tough interest rate climate. Furthermore, banks are under-leveraging their existing customer bases and missing out on… Read More →
While some manufacturers have been able to lower waste and the variables in production from lean manufacturing programs, extreme variability still faces certain processing environments, including pharmaceutical, chemical and mining concerns.
One of the greatest strengths of predictive analytics is enabling employees, contractors, and business partners across different teams to share data and insights across related projects. This type of successful collaboration has helped fuel impressive production results for TIBCO Spotfire client Kuwait Oil Company.
The recent conflict in Iraq is just one of the variables affecting energy prices in the U.S. Supply and demand, seasonal weather fluctuations, and economic conditions can all influence petroleum, natural gas, and electricity prices. Spikes in energy prices can play havoc for companies in heavy industries such as chemical… Read More →
Companies that are focused on innovation typically have front-end processes in place such as ideation and tech scouting to help bring some structure to these efforts. However, companies often pay scant attention to post-launch innovation efforts to ensure that lessons have been learned and applied and to better align forecast… Read More →
A number of recent research studies reveal that consumer confidence in financial services continues to rise following the fallout from the financial crisis of 2008. In fact, global consumer trust in banks has risen 4 percent since 2009 to 51 percent, according to the 2014 Edelman Trust Barometer. Additionally, a… Read More →