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.
Recent TRG blog posts
What is Predictive Maintenance (PdM)? Its Pros and Cons
Posted by Ho Nguyen on Sun, Aug 19, 2018
Blog Topics: Technology trends, Enterprise Resource Planning ERP
What is a Digital Twin and its Implications for Manufacturing?
Posted by Ho Nguyen on Thu, Aug 9, 2018
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.
Blog Topics: Technology trends, Enterprise Resource Planning ERP
Determine the Root Cause of Any Problem with the Five Whys Techniques
Posted by Thai Pham on Wed, Aug 1, 2018
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.
Blog Topics: Technology trends
How Will Blockchain Redefine the CFO’s Role?
Posted by Thai Pham on Tue, Jul 31, 2018
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.
Blog Topics: CFOs, Technology trends
How will the Internet of Things (IoT) Impact Manufacturing?
Posted by Ho Nguyen on Mon, Jul 16, 2018
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?
Blog Topics: Technology trends, Cloud Computing, Enterprise Resource Planning ERP
Early Adopters of Industry 4.0 are Seeing Measurable Results
Posted by Ho Nguyen on Sun, Jul 15, 2018
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.
Blog 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 Fri, Jul 6, 2018
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.
Blog Topics: Talent Management, Technology trends
How to Create a Digital Culture in the Workplace (Part 1)
Posted by Yen Phuong Nguyen on Wed, Jul 4, 2018
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.
Blog Topics: Talent Management, Technology trends
Blockchain Business Applications: Far Beyond Bitcoin
Posted by Ho Nguyen on Wed, Jun 27, 2018
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.
Blog Topics: Technology trends, Analytics
Networked Analytics - the Next Wave of Business Intelligence
Posted by Ho Nguyen on Sat, Jun 2, 2018
The world of technologies recently is buzzing with a new terminology: “networked analytics”, which was marketed as the technology behind cloud-based Business Intelligence solution from Birst (recently acquired by Infor). Such breakthrough is expected to help businesses to manipulate data much better than what we are currently doing.
Blog Topics: Technology trends, Business Intelligence, Analytics