Remove 2028 Remove Company Remove Design Remove Internet of things
article thumbnail

Asset Management in CPG using Digital Twins

Acuvate

Characterized by high pace, low margins, and extremely tight competition, CPG companies must safely and sustainably deliver products that provide exceptional experiences and delight customers. As consumer trends change and needs evolve, production lines must be agile enough to adapt to modular designs quickly and cost-effectively.

article thumbnail

IoT-based Asset Management 101

Acuvate

billion by 2028. Manufacturing companies are gaining better visibility into their operations and significantly improving them by providing a digital identity to their physical assets with IoT-based solutions. This further helps the logistics companies track driver activities and ensure timely cargo delivery.