What CxO’s can learn from F1’s industrial optimization
When it comes to optimizing manufacturing processes, no one is better at it than the Mercedes-AMG Petronas Formula One team. From the way the team collects data, to how it analyzes that data and optimizes its systems and processes, it can serve as a model for manufacturers and other companies. This discussion table, supported by TIBCO, will shed a light on how CxO’s can learn from this data driven approach.
In the coming decade, organisations will be switching their IT strategy from one that was focused on technology implementation to one that is focused on process-change management. This will result in CxO’s gathering and analysing IIoT data to reduce downtime, prevent equipment failures, and to support diagnosing and resolving issues. Organisations will increasingly leverage technology in order to save operational expenses and optimize supply chains.
Attending this session, hosted by TIBCO’s Gertjan Vaessen, aims to draw in greater detail what CxO’s and their organisations can learn from Mercedes-AMG Petronas F1’s industrial optimization model.