by Mike Szudarek, Marx Layne & Company | Jun 12, 2024 | Mobility / Electrification
“The ultimate purpose of collecting the data is to provide a basis for action or a recommendation.”- W. Edwards DemingAs tasks grow in complexity and the volume of data increases, especially in real-time, the value of AI and predictive modeling becomes...
by Mike Szudarek, Marx Layne & Company | Nov 29, 2023 | Mobility / Electrification
The automotive manufacturing and supply chain ecosystem can be likened to an ever-expanding spider web, consisting of multiple interconnected facets:• Design and engineering of products• Procurement and management of supplies and parts essential for plant operations•...
by Mike Szudarek, Marx Layne & Company | Oct 11, 2023 | Thought Leaders
Since it first emerged more than a decade ago, blockchain technology has become a major buzzword that industries are exploring to improve their operations. Blockchain is a distributed-ledger technology that records transactions across multiple computers in a way that...
by Mike Szudarek, Marx Layne & Company | Apr 3, 2023 | Manufacturing
Manufacturing has always been a complex and challenging industry. From production planning to quality control, there are many moving parts that require attention to detail, collaboration, and optimization to ensure smooth operations and high-quality outputs....
by Mike Szudarek, Marx Layne & Company | Mar 11, 2022 | Big Data
Big Data, Cloud Computing Redefining Manufacturing Paradigms, Pushing Industry 4.0 FartherThe adage “work smarter, not harder” cannot be more evident in the advances brought forth by Industry 4.0 and its technological components.Breaking down the industrial...