Food safety and traceability has become a pressing need for food manufacturers and producers. Does your company have a strategy in place for the new regulatory requirements that will be implemented? Here are four things you need to know.
Total Cost of Ownership
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As new technologies such as Big Data and the Internet of Things (IoT) open up new avenues for asset performance management (APM) and optimization, many enterprises are struggling with crafting APM environments that actually deliver the results they are seeking to achieve.
To capitalize on this emerging market, suppliers will need to expand their manufacturing capabilities, increase collaboration with non-traditional partners, and accelerate the product development process.