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TRG Blog

What is Predictive Maintenance (PdM)? Its Pros and Cons

Posted by Ho Nguyen on

For manufacturers, one of the top priorities is to maximise the machinery life cycle. As sudden machinery breakdowns can lead to downtime and expensive reparation. Consequently, manufacturing businesses have to look for a solution to reduce the maintenance cost and increase the equipment uptime and availability.
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Topics: Technology trends, Enterprise Resource Planning ERP

What is a Digital Twin and its Implications for Manufacturing?

Posted by Ho Nguyen on

A digital twin is a virtual replica of a real (physical) object created by the data collected from sensors embedded in that object. The digital twin, therefore, provides a real-time digital representation of the object.

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Topics: Technology trends, Enterprise Resource Planning ERP

Determine the Root Cause of Any Problem with the Five Whys Techniques

Posted by Thai Pham on

When confronted with a problem, have you ever stopped and asked “why” five times? If you do not ask the right question, you will not get the right answer. The Five Whys is a simple question-asking technique that explores the cause-and-effect relationships underlying problems.

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Topics: Technology trends

How Will Blockchain Redefine the CFO’s Role?

Posted by Thai Pham on

Known as the technology behind Bitcoin, blockchain can be applied in a wide array of applications for business, not just limited to only the cryptocurrency arena. Even though still in its infancy, blockchain technology is believed to redefine the finance function.

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Topics: CFOs, Technology trends

How will the Internet of Things (IoT) Impact Manufacturing?

Posted by Ho Nguyen on

The Internet of Things is a world that connects people, data, processes, and physical things. Beyond the consumer realm, the IoT is creating a new paradigm in the business world. So how will the IoT impact manufacturing?

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Topics: Technology trends, Cloud Computing, Enterprise Resource Planning ERP

Early Adopters of Industry 4.0 are Seeing Measurable Results

Posted by Ho Nguyen on

The Factory of the Future isn’t some futuristic fantasy. It’s quickly becoming the new reality. And tech-savvy manufacturers are either on board or preparing for change. 40% of manufacturers believe that smart manufacturing and its foundational technology—the Internet of Things (IoT) — are within reach and that it’s the right time to invest.

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Topics: Technology trends, Cloud Computing, Enterprise Resource Planning ERP

How to Create a Digital Culture in the Workplace (Part 2)

Posted by Yen Phuong Nguyen on

Digital transformation is the mantra of today’s business but the majority of organisations are still at their earlier stage of the journey. There are five specific hurdles and barriers organisations will face while building an agile digital culture. Being able to acknowledge the problem and to come up with a suitable solution for each challenge will put your business on the right track.

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Topics: Talent Management, Technology trends

How to Know If Your Job Will Be Stolen by Robots

Posted by Yen Phuong Nguyen on

A key tenet of the Fourth Industrial Revolution (Industry 4.0) is the rise of automation, robotics, and A.I. There will be fewer jobs for humans. Who will most likely be affected?  Which skill sets will employees need to develop between now and 2030 in order to stay relevant in this new world? A recent report from the McKinsey Global Institute has attempted to answer these questions.

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Topics: Talent Management, Technology trends

How to Create a Digital Culture in the Workplace (Part 1)

Posted by Yen Phuong Nguyen on

Digital transformation is the mantra of today’s business. It is the process of applying technologies to all aspects of the daily business operation. Nevertheless, digital transformation is more than just upgrading your IT system. It is also a cultural change that requires you to pay extra attention to your business goals and your employees’ behaviours.

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Topics: Talent Management, Technology trends

Blockchain Business Applications: Far Beyond Bitcoin

Posted by Ho Nguyen on

Known as the technology behind bitcoin, blockchain has created a profound impact on the financial industry and beyond. But its potential is much more far-reaching and not limited to cryptocurrency. As blockchain continues to evolve, the list of its business applications just keeps expanding.

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Topics: Technology trends, Analytics

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 Rick Yvanovich
 /Founder & CEO/

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