Achieving better functional analyses: Big Data is the key

The raison d’être in industry is the transformation of raw materials into suitable products that satisfy people’s requirements and, by extension, those of the market. The quantity of processes performed and the parties that have to intervene to make this transformation possible vary depending on the sector or the purpose of the product. Coordinating all of the above is complicated as it generates data which is both ample and extremely diverse and to which other variables are added, such as the market, external factors, the competition... the information keeps on growing! Knowing how to process it to find out which type of data we have and which can truly add value, streamlining processes, identifying trends, reducing uncertainty, making forecasts and being able to react in time is critical for any sector’s industry.

The digital ecosystem leads us to create collaborative environments in which we can grow as technological partners, sharing ideas from internal sources (the company itself) and external ones (customers, suppliers, the competition, the market) to develop advanced technological solutions. This is what we call Extended Digital Transformation, a concept that combines the best value propositions of all the agents involved in the process of innovation, with the aim of being more efficient and more productive in the competitive era of Industry 4.0.

Interview with Mr. Austin Jarret, Managing Director of the British company SSC Laser Cutting. SSC Laser Cutting has three plants and manufactures laser cut and folded parts for agricultural and body on to chassis manufacturers in the UK. The company has recently started its digitalization process.