To this day, many Medical Device manufacturers are still operating on paper… Is your business one of them? We’re excited to share this exclusive e-book created for Seabrook Technology Group, one of our valued partners at the Virtual American Medical Device Summit! In this e-book, we examine the value of Connected Manufacturing for Medtech 4.0. Here’s a key excerpt from our interview with Seabrook: Welcome to Connected Manufacturing. Connected Manufacturing is not just a “product” or “service”, but a strategy that eliminates the shoehorning of new functionality into legacy systems. Additionally, connected manufacturing enables the “best of breed” approach that optimizes operations, enhances user experience, and maximizes value returned to the organization. We invite you to access the full e-book here.
Read More →Using AI-Based Vision and Acoustic Solutions: Q&A with Clear Intelligence
In May 2019, Clear Intelligence will present on the topic, Art of the Possible: Using AI-Based Vision & Acoustic Solutions at the American CIO & IT Summit 2019. Brian Murphy, Chief Innovation Officer at Clear Intelligence, will lead the session, examining the fundamentals of AI-based vision and acoustic solutions, its business value drivers, and industry insights on how companies are utilizing these solutions. Generis Group spoke with Brian ahead of the American CIO & IT Summit 2019 to discuss his session, the benefits of AI-based vision and acoustic solutions, Clear Intelligence’s five-step DIDIT process, and the future of the IT industry.
Read More →5 Examples of How Blockchain Technology is Changing the Way We Do Business
Blockchain is best known as the technology behind digital currencies like Bitcoin, Litecoin and Ethereum, but while its role in cryptocurrency gets the most attention, blockchain is much more than just an instrument of finance. Cryptocurrency is only the tip of the iceberg when it comes to blockchain technology. If we dive a little deeper, we discover a far-reaching revolution that is beginning to heavily impact the way we do business.
Read More →Speaker Spotlight: Interview with Krishna Cheriath, Bristol-Myers Squibb
Krishna Cheriath is the Chief Data Officer for Bristol-Myers Squibb. He is responsible for advancing BMS’ mission through data and associated technologies by ensuring that all data-driven decisions and actions operate at the right balance of innovation, ethics and standards. In May 2019, Krishna will join IT executives at the American CIO & IT Summit to discuss current trends, strategic insights and best practices in trending technology, cyber-security, risk management and managing talent. His presentation, Leading Digital Transformation in Your Organization Through Technology and People, will focus on capitalizing on digital and analytic disruptions; equipping your enterprise to operate with the right balance of innovation, ethics and standards; deploying cloud-first strategies to centralize, manage and protect data and information; and achieving the right balance between centralization and decentralization of data and analytics We spoke with Krishna ahead of the American CIO & IT Summit to discuss his presentation and his role as a Chief Data Officer.
Read More →Manufacturing Technology
Q&A with Contec In March 2019, Contec joined over 250 industry peers to exchange ideas around the impact of market dynamics and new technologies for current and future manufacturing, operations and supply chain leaders. Ryan Legg, VP of Industrial Solutions at Contec Americas, presented on the Strategy. His discussion focused on effective data that can enhance productivity coming from legacy technology; connecting legacy systems to Industry 4.0 deployments; and examples of legacy system connectivity. Ahead of the American Manufacturing Summit 2019, we spoke with Ryan to discuss technology in the manufacturing industry. In this Q&A, we examine Contec’s solutions; how manufacturers can leverage IoT to reduce cost, enhance efficiency and increase bottom line; and what the manufacturing landscape will look like in 5-10 years. Here is an excerpt from the Q&A we did with Ryan Legg: “How can manufacturers leverage IoT to reduce cost, enhance efficiency and increase bottom line? IoT can mean many things to different people. While we use the term IoT – which technically translates to Internet of Things – the concept is really about connectivity and visibility, whether you have a system that is truly connected to the Internet or an on-prem system. Value can be realized with both approaches. Collecting and analyzing data allows an organization to gain visibility where they did not have it before. A manufacturer may discover previously unknown bottlenecks in their process or that throughput is slowing on one particular shift. They …
Read More →Data Driven Innovation for Manufacturers
Q&A with ProSensus Prior to the American Manufacturing Summit 2019, we spoke with ProSensus to discuss data-driven innovation and how leveraging technology can give manufacturers a competitive edge in an ever-changing landscape. In this eBook, we discuss how manufacturers can achieve their big data objectives with multivariate analysis, how they can leverage their data to accelerate their product development efforts, and how they can achieve quality control with machine vision. This is an excerpt from the Q&A Generis did with ProSensus:
Read More →Your Assets Are Talking; Are You Listening?
The data analytics revolution has the potential to transform the way companies organize, operate, develop talent, create value, and service their customers. The momentum is building in many companies, but only a few are reaping major rewards from their data. Companies are doing a great job connecting assets, equipment, and devices, as well as gathering all that information into distributed databases. However, the challenge lies in finding ways to listen to what the equipment is telling us and responding in useful, actionable, and intelligent ways that improve business operations and reduce costs. Effective listening enables companies to move away from reactive maintenance activities and move towards predictive maintenance activities. True success will come from breaking down the walls of silence between employees and the assets they are managing. Unfortunately, many asset management solutions gather and report data with little thought on how to support the change from reactive maintenance to predictive maintenance.
Read More →Proving New Technology Works in Products: The 8-Point Assessment Checklist
Key Tech is often visited by enthusiastic and clever innovators demonstrating a brand new technology, hopeful that it could make it into a product. In this whitepaper, Key Tech explains how they’ve never seen a perfect technology; even the best has its limitations and flaws. At the first meeting with Key Tech, the new technology is usually embodied in a contraption referred to as the “Frankenstein Prototype”. The first task is to tease out the flaws in the new technologies in order to understand what it will take to get rid of them.
Read More →US Medtech Industry Looking at Ireland as a Resource
While the American medtech industry is thriving, it still must deal with challenges that include higher production costs, finding skilled staff and the ongoing issues innate to a highly regulated sector. Then there are global concerns such as competition, funding and the high cost of research. With Europe and the United States being the key markets, many U.S. medtech firms have located some of their operations in Ireland in order to take advantage of an established, flourishing life sciences sector, strong governmental support and easy access to the lucrative European market. Among the more than 300 companies with Irish facilities are Boston Scientific, Abbott, Vistakon, Medtronic, Teleflex, Stryker, Cook Medical, Zimmer Biomet, DePuy Synthes, Hollister, and BD. The medtech field in Ireland employs more than 32,000 people, which is the highest per capita in Europe. One-quarter of the world’s diabetics — 30 million people — rely on an injectable device manufactured in Ireland, while half of all ventilators used by acute hospitals worldwide are also made there. Meanwhile, three-quarters of global orthopedic knee products were produced in Ireland. There are several important reasons why American medtech companies have been choosing Ireland as their European base of operations, benefiting from Ireland’s manufacturing expertise, R&D facilities, pool of trained workers, data analysis skills, collaboration between companies, financial advantages, and regulatory advantages.
Read More →Reduce: An Interview with VOID Technologies
Packaging sustainability is a critical topic in the industry right now, with many companies moving towards more sustainable packaging to meet consumer demand and environmental goals. Companies today are facing a complex set of choices around how to tackle sustainability, but it is possible to use a simple guiding framework as the foundation for building an approach. People frequently talk about the 3 R’s of Sustainability: Reduce, Reuse, and Recycle. What is often overlooked, however, is that this is a hierarchy. The framework encourages us to first and foremost reduce consumption, as this is the most impactful approach to sustainability. This can be achieved by reducing the number of products we use, but also by reducing the amount of material used in each product. VO+ is a revolutionary material reduction technology that engineers nano-and micro-scale voids into commodity and bioplastics to create lighter, stronger, and more sustainable products In advance of the American Packaging Summit, we heard from VOID Technologies about how companies can meet their environmental goals through reducing the amount of packaging they use.
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