Medical manufacturing companies have been under intense pressure. They face the typical manufacturing demands: a need to reduce factory floor costs, customization requests, the desire to boost productivity, and the requirement to cap costs. If that was not a difficult balancing act, the pandemic dramatically impacted their established business processes.
The Internet of Things (IoT) places intelligence on new end points, so they gain real time visibility into shipments and device performance. However, data volumes have become ginormous. As a result, executives find themselves overwhelmed by information and unable to make clear, strategic changes.