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The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The most recent trend in application development pertains to leveraging design thinking to solve problems. The emphasis is on understanding the user’s attitudes, behaviors, and challenges before developing a solution. Digital tools have made it possible to visualize solutions through wireframes before developing the product features and functionalities. Today, it is also possible to let users interact with these features through high-fidelity wireframes and gather their feedback before the development phase.

Recent research has estimated that the IT outlay on Enterprise Application Development will reach $429 billion in 2021, which signifies a 7.2% growth from last year. The enterprise software market has experienced fabulous growth in recent years, with its revenue doubling up between 2009 and 2019. This makes it evident that enterprises have consistently invested in building and modernizing applications.

Geofencing is a feature with which you can set up automatic actions for moments when a device or product enters or leaves a pre-established geographical zone. Traditionally used for security purposes, these virtual boundaries are also proving valuable in businesses and manufacturing.