Digital transformation Definitions

  • D

    digital manufacturing

    Digital manufacturing is a technology-based approach to manufacturing that, in its most fully realized form, uses data to link different silos and processes of the manufacturing lifecycle so that stakeholders can make better business decisions both comprehensively and at each step.

  • I

    Industry 4.0

    Industry 4.0, which refers to the fourth industrial revolution, is the cyber-physical transformation of manufacturing.

  • M

    manufacturing intelligence software

    Enterprise manufacturing intelligence software is a suite of software applications that integrates a company's manufacturing data from multiple sources to aid in reporting, analysis, visual summaries and passing data between enterprise-level and plant-floor systems.

  • P

    PTC ThingWorx

    PTC ThingWorx is a model-based rapid application development (RAD) platform for the Internet of Things. The platform provides design, networking, data management and analytics tools for building business software that integrates with and manages IoT devices.

  • S

    supply chain management (SCM)

    Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product's flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible.

  • V

    voice user interface (VUI)

    Voice user interface (VUI) is speech recognition technology that allows people to interact with a computer, smartphone or other device through voice commands. Apple's Siri, Amazon's Alexa, Google's Assistant and Microsoft's Cortana are prime examples of VUIs.

  • W

    warehouse management system (WMS)

    A warehouse management system (WMS) is software and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out.

  • Y

    yard management system (YMS)

    A yard management system (YMS) is a software system designed to oversee the movement of trucks and trailers in the yard of a manufacturing facility, warehouse, or distribution center.