PTC

As the clock speed of business is accelerating the enterprises recognises that embracing a more agile way of operating is not only desirable; but it’s critical to remain in business.

In December McKinsey interviewed three PTC executives on how Industry 4.0 technologies allows companies to integrate their data and operations for real-time performance management without replacing existing infrastructure. By using digital performance management, organizations can empower employees from the shop floor to the top floor to use data for consanguineous operational improvement and translate those improvements to the P&L.

Digital performance management and Industry 4.0 are enabled by four critical design principles:

Interconnection

— machines, sensors, systems, and people seamlessly interconnect.

Information transparency

— technology that augments the workforce with information and insights to enable better and faster decision making.

Technical assistance

— systems to assist humans in decision-making and problem-solving, and the ability to help humans with difficult or unsafe tasks.

Decentralized decisions

— the ability of cyber physical systems to make decisions on their own and to perform their tasks as autonomously as possible.

Join our interesting webinar for a lively Q&A on how Industry 4.0 is transforming manufacturing operations through vertical and horizontal integration of standardized performance management and continuous closed-loop problem-solving.

Presenting Partner

PTC enables global manufacturers to realize double-digit impact with software that accelerates product and service innovation, improves operational efficiency, and increases workforce productivity. In combination with an extensive partner network, PTC provides customers flexibility in how its technology can be deployed to drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don’t just imagine a better world, we enable it.