Braincube, the manufacturing data software platform with specialist industrial applications, has raised €83 million of growth equity investment. The investment was led by Scottish Equity Partners (‘SEP’).
Manufacturing Software, ERP, MRP
Manufacturing software systems are important tools for the automation and management of production processes. A wide range of manufacturing companies covering many different vertical sectors rely on manufacturing software to better manage the sourcing and use of material or parts quantities, scheduled production timelines, inventory management and the planning for future order demand. One commonly deployed example of a manufacturing software system is an Enterprise Resource Planning (ERP) solution, designed to better manage information concerning orders and materials, finance, Customer Relationship Management etc.over the whole organisation.
Manufacturers save $10 billion using Industrial IoT solution, Braincube now secures €83 million in additional funding
Dec 06, 2023
AI Minister unveils guidance to upskill UK workers
Dec 05, 2023
The government has announced a new draft of guidance to support businesses to upskill their workers and unleash the potential of Artificial Intelligence to help boost productivity by enhancing workplace activity.
Pills ‘n’ Thrills and Bellyaches…and vinyl – iconic 1990 albums take centre stage in new exhibition
Nov 30, 2023
A brand new exhibition showcasing iconic albums on vinyl released in 1990 - named ‘33 ⅓ Vinyl Exhibition’ - is opening its doors this week to the public at The Vinyl Cafe in Tileyard, London.
Employee engagement key to solving manufacturing productivity puzzle
Nov 29, 2023
Manufacturers face a wide array of key challenges which include high staff turnover, lack of communication, and low employee engagement. According to recent statistics, the average manufacturing business experiences 31% staff turnover per year.
It’s time to be radical: Global HR leaders discuss workplace of the future at annual roundtable
Nov 27, 2023
HR leaders from global brands across STEM and related industries met recently to discuss some of the biggest challenges and opportunities facing employers today, at an annual roundtable hosted by organisational development firm, h2h.
£4.5bn support package for Advanced Manufacturing – a positive step but will it be enough? EY comments on the Autumn Statement
Nov 27, 2023
Mark Minihane, EY’s UK Advanced Manufacturing and Mobility Tax Leader, comments on support for Advanced Manufacturing announced in the Chancellor’s Autumn Statement:
“The announcement from the Chancellor confirmed funding of £4.5bn for eight manufacturing sub-sectors within the automotive and aerospace industries, starting in 2025/26 and lasting for five years....".
Software vulnerabilities are on the decline, according to new Synopsys research
Nov 22, 2023
Synopsys, Inc. has published the 2023 Software Vulnerability Snapshot report. According to the data, analysed by Synopsys Cybersecurity Research Center (CyRC), there has been a significant decrease in vulnerabilities found in target applications – from 97% in 2020 to 83% in 2022
Act now or get left behind: IT leaders urge businesses to take action on GenAI
Nov 20, 2023
As organisations rapidly adopt mainstream Generative AI tools, a new report from Europe’s largest dedicated Google Cloud-only partners Appsbroker and CTS finds that an almost unanimous 99% (100%) of IT leaders believe GenAI could positively impact their businesses.
West Midlands wins 5G Innovation Regions competition to Level Up region and accelerate growth
Nov 20, 2023
Today the West Midlands Combined Authority (WMCA) has won £4m to accelerate the adoption of 5G technology across the two of the region’s most important clusters – manufacturing and smart communities (which includes social care & social housing) – to boost productivity, wellness and jobs.
Making the case for Augmented Reality
Nov 20, 2023
The market size for Augmented Reality (AR) applications was estimated to be $15.2B in 2021 and growing to over $90B by 2028. This shows clearly that companies are investing heavily in this transformative technology but why is it such a key innovation and how can you make best use of it?
Manufacturing software systems
Manufacturing software systems provide the automation and computational support for complex manufacturing processes. Manufacturing companies leverage manufacturing software systems to carefully manage the timing, types and quantities of materials they purchase in order to ensure that they are able to meet current and future customer demand while at the same time achieving the lowest possible cost and inventory accumulation.
Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems facilitate the flow of information between all business functions inside the boundaries of the organisation and manage the connections to outside stakeholders.
Manufacturing resource planning (MRP II) addresses operational planning in units, financial planning, and has a simulation capability to answer "what-if" questions and extension of closed-loop MRP.
CRM or Customer Relationship Management concerns the relationship between an organisation and its customers. The scope of CRM which can vary drastically as it can be used by management, salespeople, people providing service, and even customers could directly access information to find out information.
Cloud computing can be defined as the set of hardware, networks, storage, services, and interfaces that combine to deliver aspects of computing as a service. Cloud services include the delivery of software, infrastructure, and storage over the Internet and is based on user demand. Cloud Computing is the latest stage in the Internet's evolution, providing the means through which everything , from computing power to computing infrastructure, applications, business can be delivered to you as a service wherever and whenever you need.
Cloud computing has some essential characteristics: scalability depending on requirements, offers a way to increase capacity or add capabilities on the fly without investing in new infrastructure, eliminates the need for on-site personnel to maintain computer equipment. No up-front CAPEX (capital expenditure) required, as billing is a pay-as-you-go model, access to the very latest application programming interfaces (APIs).
SaaS (software as a service) is a type of cloud computing delivering a single application through the browser to thousands of customers using a multitenant architecture. On the customer side, it means no upfront investment in servers or software licensing; on the provider side, with just one app to maintain, costs are low compared to conventional hosting. SaaS is emerging to provide service to all aspects of an organisation`s activities in the areas of Manufacturing, ERP, Demand Forecasting, Advanced Planning, S&OP, Supply Chain, Warehousing, Transport Management and HR (human resource).
Business intelligence (BI) is a set of theories, processes and technologies that convert raw data into useful information for business purposes. BI can handle large amounts of information to help identify and develop new opportunities to gain market advantage over competitors. The amounts of data that are now being gathered as a result of because they are increasingly being gathered by a growing range of diverse and ubiquitous information-gathering devices.
These data sets become so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications. The trend to larger data sets is due to the additional information derivable from analysis of a single large set of related data, as compared to separate smaller sets with the same total amount of data. The current challenges of BIG DATA include the capture, storage, search and share capability, transfer, analysis, and visualisation. Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. This data is big data.
It is estimated that the world's technological per-capita capacity to store information has roughly doubled every 40 months since the 1980s. The challenge for large enterprises is determining who should own big data initiatives that straddle the entire organisation and how this data can be used as a source of revenue and to gain competitive advantage.
