19-22 June 2024

Leverage Convenience Administration and Management with Cloud

Leverage Convenience Administration and Management with Cloud

  • Cloud offers an effective solution to a scalable and flexible infrastructure for data storage, processing, and analytics. It allows for seamless connections between devices and systems, ensuring smooth flow of information throughout the facilities.
  • The production process can be monitored and controlled remotely. Data can be accessed real-time, so decision makers can make informed decisions from anywhere.
  • Cloud eliminates the need for large upfront investments in on-premises infrastructure.
  • The pay-as-you-go pricing model ensures cost efficiency with the ability to scale resources when needed.
  • New technologies and sensors can be easily integrated without the need to make significant modifications to existing infrastructure.

    In these days and age, Cloud plays an increasingly important role in the management of industrial and commercial facilities with its outstanding features that help increase competitive advantages as follows:

Data storage and analysis. Cloud-based systems allow for the collection, storage, and analysis of vast amounts of data.

Real time monitoring. Cloud connectivity ensures real-time data flow throughout the facilities, enabling visibility across the organization (for those with accessibility authorization) and facilitate fast and informed decision making.

Predictive maintenance (PdM). PdM uses data from various sources to predict equipment and machinery failures and optimize maintenance work in real time. It maximizes the lifespan of machinery while avoiding operational disruptions.

Flexibility and accessibility. Cloud provides remote access to data and applications anytime, anywhere. It responds to the New Normal working trend where users can work from anywhere with an internet connection, thereby increasing the level of collaboration and work efficiency.

Reduce the risk of data loss. Cloud providers typically have multiple data centers installed in different geographic locations. This ensures high availability and reduces the risk of data loss due to hardware failure or disasters. Meanwhile, cloud service providers often offer service level agreements (SLAs) that Service availability is guaranteed at a certain level, ensuring the reliability of the cloud infrastructure.

Professional security measures. Cloud providers invest heavily in security measures such as encryption, firewalls, and access control. Most will have a dedicated security team and resources to detect and respond immediately to potential threats.

Reduce costs. Cloud services generally offer a pay-as-you-go package, thus helping customers save their resources and reducing the need for upfront investment in hardware and infrastructure.

Optimize resources. Cloud ERP (a Cloud-based software system that helps manage data within an organization) can optimize decision-making and production processes while allowing facilities to adapt to changing conditions and requirements.

Scalability. Cloud systems can easily scale to accommodate business expansion and demand fluctuations.

Global accessibility. Cloud providers often offer global networks which facilitates manufacturers to easily expand their operations.

    In addition to the general Cloud system, there is also Industrial Cloud Platform, which is a prominent new trend. It offers cloud computing solutions tailored to the unique requirements of each industry. It also has a pre-configured environment and is integrated with various technologies. Its infrastructure, industry specific software, and specific services enable entrepreneurs to easily accelerate their digital transformation.

    The development of industrial Cloud solutions will increasingly be based on research driven by the unique needs of customers in each industry. Industrial Cloud solutions powered by AI/ML platforms such as marketing, HR, B2B, and pricing that have been customized will be preferred over conventional solutions.

    An interesting example is one of the largest and most complex Cloud migrations in the consumer goods industry by Accenture, Microsoft and Unilever in 2023. This maneuver helps Unilever, which has more than 400 brands and 3.4 billion daily active users to become a Cloud-only organization. Also, as the company uses Microsoft's Azure as its primary Cloud platform, Unilever can accelerate product launches, improve customer service, and elevate operational efficiency. The move to Azure also aligns with Unilever's sustainability commitments by helping the company continue its progress in reducing its carbon footprint and unlock new opportunities since Unilever can now predict market demands and adapt to the changing trends at a faster speed.

    Today, the global Cloud industry is developing at an unprecedented pace. It is driven by technological advancements, a speedy digital transformation, and the increasing demand for scalable and efficient solutions. MarketsandMarkets has estimated that the global market value for Cloud will grow from US$626.42 billion in 2023 to US$727.9 billion by 2024, equivalent to 16.2% increase. It is clear that technology companies are increasingly focusing on Generative AI-based Cloud services that are poised to revolutionize industries worldwide.

    Stay on top of the latest news and updates on various developments in the construction and management of industrial and commercial facilities with FacTech Blogs. Also, mark your calendar to visit FacTech 2024 - ASEAN’s Only Exhibition on Factory Construction, Maintenance, Facility Management, and Technology during 19-22 June 2024 at BITEC, Bangkok.

   

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