In a data-driven world, get your numbers faster

One of the greatest challenges plant managers face is the increase in available data and the challenge of how to find the right data to do their job more efficiently


One of the greatest challenges plant managers face is the increase in available data and the challenge of how to find the right data to do their job more efficiently. In manufacturing as a whole, there are several data points available each month at that help plant managers understand what’s happening in the world of manufacturing and provide a benchmark they can use to measure their performance.

Among the most widely-recognized pieces of data is the monthly report of the Institute for Supply Management. Their monthly Manufacturing Business Survey provides a gauge of what’s happening in manufacturing. Those numbers are reported at just as soon as they are released each month.

This month, the ISM index is at 54.8%, the 33rd straight month of growth.

Plant Engineering’s content partnership with IMS Research, recently acquired by IHS Inc., also provides great insight into specific market sectors. This research points to where markets are growing both in the U.S. and worldwide, and can point to great opportunities for the agile manufacturer with products to offer in those markets.

Among the many  articles supplied to Plant Engineering readers this month, for example, is a report from Jenalea Howell of IMS Research about how the changes in European regulations will affect the variable speed drive market in both the U.S. and globally.

It’s the kind of on-the-ground data that can help point the way to trends and help you understand the manufacturing landscape so you can move a little faster than your competitors.

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Engineering Leaders Under 40; System integration improving packaging operation; Process sensing; PID velocity; Cybersecurity and functional safety
Mobile HMI; PID tuning tips; Mechatronics; Intelligent project management; Cybersecurity in Russia; Engineering education; Road to IANA
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
click me