Manufacturers m&a tools: maximizing synergy and value in business acquisitions are under pressure to increase productivity and profitability as well as innovation. Insuring that data assets are accessible and secure is a critical initiative. Michael Watson, from Microsoft, and Martin Boyd, from Profisee will talk about the steps you can take to build the foundation of data that will help you achieve agility and effectiveness.

Manufacturing must take advantage of and harness the power of data to become an efficient and digitally-connected business. But how can this be done when your underlying data isn’t consistent, accurate or insufficient? A successful data management plan requires a focus on strong governance to ensure that critical data is gathered and stored in a timely fashion, and can be easily accessed and used whenever you need it.

The top performers in the manufacturing industry are adopting a holistic data management approach, which includes implementing an MDM hub to consolidate all crucial information including vendor, customer and product information, into one central repository. This allows teams to swiftly access the information they need and makes it easy for them to collaborate.

It also allows manufacturers to create a digital track of what happens to components throughout the production process, which is essential for diagnosing production issues and enhancing tests and processes. It lets you know the issues that occurred in a machine during a particular run and why, which helps you to respond faster during a crisis and be more resilient as an enterprise.