Prajith khan

Prajith khan

I am a marketer with interest in creative writing

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Despite some organizations in denial about Industry 4.0’s impact on the manufacturing, many organizations have already started to impact their revenues with futuristic technology advancements.Some, Industry 4.0 Solutions applications are IoT, Cloud Computing, Big Data, Advanced Robotics, AR/VR, AI, ML, Analytics etc. 
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Remember, healthy inventory is not just about stocking goods every day but managing them efficiently.Even top businesses fail to understand the fact that inventory management solves the basic business need and plays a major role in the overall supply chain.Using IoT in inventory management system will save the company time, cost, and helps meet customer demands.
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OEE Definitions: OEE (Overall Equipment Effectiveness) is the gold standard for measuring manufacturing productivity.Simply put – it identifies the percentage of manufacturing time that is truly productive.An OEE score of 100% means you are manufacturing only Good Parts, as fast as possible, with no Stop Time.In the language of OEE that means 100% Quality (only Good Parts), 100% Performance (as fast as possible), and 100% Availability (no Stop Time).
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The only difference between the digital transformation for enterprise then and now is the way you capture data.While the digital technologies in the past helped us garner data discretely, we are able to extract collective data from different channels without any discomfort.This data-driven advantage is what digital transformation is all about.
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According to an IDC report, the growth of IoT across Manufacturing is exploding like anything.The report further states that worldwide spending on the Internet of Things to reach $745 Billion in 2019, led by the Manufacturing, Consumer, Transportation, and Utilities Sectors.IoT in manufacturing is useful for the below reasons:IoT for employee safetyIoT for asset tracking IoT for inventory management IoT for predictive maintenance IoT for production quality 
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Assessing the assets’ health, availability, inventory status, depreciation is critical for large enterprises as these can impact on their productivity, performance and RoI.An asset management system in place helps enterprises have the asset data during every phase of its lifecycle and utilize the assets to the maximum.This leads to the reduced total cost of asset maintenance and depreciation.Asset Lifecycle Management system bridges the office with the field of any enterprise. 
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Today, top-level executives are investing for AI in manufacturing industry to improve operational efficiency, productivity, performance.From achieving significant cuts in downtime to generating better-designed products and improving the safety of employees, AI is truly evolving manufacturing.In a Forbes Insights Survey on Artificial Intelligence, 44% of respondents from the automotive and manufacturing sectors classified AI as “highly important” to the manufacturing function in the next 5 years, while almost half, 49% said it was “absolutely critical to success.” According to markets and markets, Artificial Intelligence in the manufacturing market is expected to grow from USD 1.0 billion in 2018 to USD 17.2 billion by 2025.
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With that said, understanding the common challenges of inventory management becomes super important and industry heads are looking out for solutions to achieve profit and improve customer satisfaction.No matter where the inventory is located: be it warehouse, multiple locations or consigned or drop-shipped from supplier, managing inventory better is an absolute must for improved cash flow and reduced expenses. 
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Operations expenses contribute a lot to manufacturing costs.With a proper asset management system in place, the high expenditure can be controlled.Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most productive utilization of your assets, physical as well as human.A performance-driven company would be obsessed with quantifying, tracking, measuring, and monitoring their assets.And, without asset tracking this is highly difficult.And compared to legacy models of asset management, IoT asset tracking is cheaper, faster, and better – giving you a competitive advantage if deployed right and quick.Let’s see how it works.
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As an IoT app development company, Hakuna Matata Solutions offer custom made IoT applications that can solve your industry needs like effective machine management, reducing unscheduled down time, improving productivity and so on.Thanks to the power of the Internet of Things (IoT), managing your assets is now smarter than ever – because it is now accurate, comprehensive, intelligent and real-time.Contact us to  get an idea of how IoT-enabled asset tracking benefits manufacturing.
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From productivity enhancement, feature enrichment, to regular functionality updates, managing an Android app is seamless.Hire an Android app development company with expertise over years to ensure success.
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Digital transformation isn’t about technologies.As digital business transformation experts, Hakuna Matata Solutions have enabled companies with defined strategy and roadmap to ensure enterprise success.Being a digital transformation company, we consider the technology and people involved in the process too as new approaches should only help the organization grow even better and shouldn’t be roadblock.Our aim is to help your business leverage the complete potential of advanced digital capabilities to offer services that are easier, simple and faster to use for your customers.
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Hakuna Matata Solutions will be your iOS app development partner to help you choose the right technology stack, UX, and app integration.Our experts will ensure the entire iOS app development process is quicker, cost-efficient and seamless.
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Hakuna Matata Solutions a leading Robotic Process Automation (RPA) service provider works in increasing productivity by automating all low-level manual data handling and business processing tasks.Hakuna Matata offers RPA solutions for HealthcareFinancial ServicesFMCGCPG industry
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DevOps helps companies combine their Development and Operations to create a workflow that ensures communication between software developers and IT professionals to ensure quick delivery by managing production operations.
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Organizations don’t have to spend time on developing native iOS, Android apps for customers as a hybrid app can do the trick for the business.Reusable coding and faster time to market are other two critical advantages that have forced the enterprises to invest in hybrid app development.A major reason why most organizations have moved to hybrid mobile app development over native is to connect with users across all platforms cost-effectively and swiftly.A decade-old experience in mobile app development arena has helped us to build some robust and futuristic solutions that are enabling the productivity, RoI of enterprises across different industry verticals. 
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Enterprises must have to include web applications as part of their growth strategy to deliver better customer experience as it delights the customers with easy accessibility and also help them in engaging with the products and services offered.
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An enterprise EHS solution will strengthens your employee engagement through ensured safety.Hakuna Matata’s EHS mobile app solution allows workers to seamlessly report incidences, check machinery, raise observations of incidences, and near misses, directly from anywhere, anytime.https://www.hakunamatata.in/our-solutions/environment-health-and-safety-solution/ 
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The Growing demand for mobile apps from customers has transformed the landscape of enterprises.Applications are no longer an option but a necessity for modern-day businesses.Hakuna matata understands the importance of having a definite enterprise mobile strategy for your organization and also ensures that the app is delivered on-time and ensure the app contributes towards your enterprise’s process efficiency, productivity and growth.
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Manufacturing involves several processes. Of them, the most critical processes are inventory management, asset tracking, shop floor operations, machine maintenance. Tracking the performance of each process is critical and without relevant (accurate/real-time) data it won’t be possible. Find out how to transform lack of visibility to transparency through this guide. 
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Asset Lifecycle Management system bridges the office with the field of any enterprise.Our mission-critical solution provides you with real-time visibility of all your assets from procurement to disposal.The Web and Mobile Applications ensure you to identify, report and address every asset’s health condition, movement on the go to keep a track on your asset’s availability, performance, efficiency during its entire lifecycle.Hakuna Matata Solutions can provide you with an asset management system that helps your enterprise utilizie the assets to throughout the entire lifecycle and help achieve complete efficiency at absolute ease.
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Digital transformation needs no introduction as several reports indicate that it is widely practised across industry verticals.By all means, digital transformation is a never-ending journey for any organization.In the early phase of the 21st century, digital technologies were being deployed in businesses with the main focus on improved daily operations, enhanced efficiency and level of output.Today, a majority of the digital transformation initiatives focus on delivering specific outcomes to the customer, with the process of digital transformation affecting all aspects of the business.mission-critical solutions, UX/design, social media etc.
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Field sales process has its own challenges like service delivery optimization, tracking sales activities using real-time communication and rising operational costs as it’s operations are widespread.Failing to track, improve the field activities of sales executives can have a direct impact on your business productivity, ROI, growth.Hakuna Matata's field sales solution automates and streamlines the field sales activities like assigning resources based on job priority, journey planning, meeting customers, creating to-dos, adding notes, sending reports etc.This simplifies the day-to-day tasks of reps and helps the tasks completed on-time.
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Asset Lifecycle Management system bridges the office with the field of any enterprise.Our mission-critical solution provides you with real-time visibility of all your assets from procurement to disposal.The Web and Mobile Applications ensure you to identify, report and address every asset’s health condition, movement on the go to keep a track on your asset’s availability, performance, efficiency during its entire lifecycle.Hakuna Matata Solutions can provide you with an asset management system that helps your enterprise utilizie the assets to throughout the entire lifecycle and help achieve complete efficiency at absolute ease.  
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#MobileApps are widely embraced by SMBs. A few say that their businesses can’t afford to have its own dedicated app, but in reality, every company has a mobile app today. Did you know #EnterpriseMobility is becoming an integral part of the #Business? Here is why.
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According to Forbes, Fifty-seven percent cite “integrating all social, mobile, web, commerce, service efforts and investments to deliver an integrated, frictionless, and omnichannel customer experience” as a long term goal; fifty-four percent cite it as a short term one.Today, IoT spending is dominated by the manufacturing sector.IoT has the potential to move all three steps to a “continuous moment of truth”.Artificial Intelligence will move from boardroom talk to adoption; from use only by large, tech-savvy corporations to enterprises of all sizes across industries; from use cases in limited scenarios like banking/ customer care to several business processes.(1) Digitalization has given rise to very large, diverse data sets and an ever-accelerating accumulation of data (2) Rapid growth of computing capacity and decreasing prices enables the processing of large data sets by an increasing number of users (3) Evolution of new data-use algorithms.Companies that produce office automation software are already investing big on adding to their portfolio trainable digital assistant technologies that are smart, predictive, have the capability to learn, and can quickly adapt to changing the environment.
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Mobilizing your entire workforce, processes, operations involves a huge volume of money, technology, time and human efforts.Performing this without a well-planned strategy will impact your overall business performance, productivity, growth, and ROI.Even before getting started with how to create a strategy it is quintessential to understand what enterprise mobility strategy actually is.According to a report from ResearchAndMarkets, Global Enterprise Mobility is expected to reach $1225.78 billion by 2026.If this is the question lingering in your mind, here are 5 interesting tips that would help you arrive at a successful enterprise mobility strategy that works perfectly for your business.Put a deep dive and discover why it is important to incorporate mobility into the organization’s business strategy and processes.
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