Making Better Decisions: The Power of Data in Australian Manufacturing

Data is now a driving force across many sectors, and the manufacturing industry is right in the thick of it. In the second episode of Manufacturing Tech Australia, Brad Parsons, the founder of Movus - an IoT company that focuses on preventative maintenance - likened data to the "new gold" in manufacturing.

Data doesn't have to be an intimidating or abstract concept.. At its most basic level, it's just information that your teams use to collaborate on the manufacturing floor. Tools like Team Assurance, a cloud-based collaboration tool that uses operational data to connect management to the shop floor is a classic example, Brad argues, for how to leverage data in your day to day operations.

Digitising your machinery can provide critical insights about their operational status, enhancing the overall manufacturing process. "If you can digitise those machines, you can understand when they're running or when they're not," Parsons explained, and that equates to potential savings. Parsons encourages businesses to scrutinise their costs and revenue sources and explore opportunities to leverage digital technology.

But with data being the new 'gold', everyone wants a piece of it!

Learn how it can revolutionise your operations, visit the blog here.

About the author:?

Shane Williams is a seasoned Virtual CTO, specialising in aiding SME businesses to confidently and cost-effectively adopt transformative technologies. With a firm belief in a tailored agenda-free approach for each business, Shane partners with leaders to leverage technology for maximum outcomes.

Shane is a celebrated author, with his best-selling book,?The Platform Owner’s Guidebook, providing invaluable insights into tech utilisation. As an extension of his mission to share knowledge, Shane is also the creator and host of two successful podcasts. His newest venture, the?Manufacturing Tech Australia Podcast, delves into the intersection of technology and the manufacturing sector in Australia, while the popular?Platform Diaries?Podcast offers a broader look at tech platforms and their growing influence.

Away from the professional sphere, Shane finds joy in riding motorbikes, brewing his own beer, and embarking on camping trips with his kids. His diverse interests and keen technological insight render him a prominent figure in the world of SME businesses.