Forbes October 24, 2024
Since 1999, Bill Rokos has spearheaded the development of Parsec’s manufacturing operations management (MOM) platform, TrakSYS.
There has long been a delicate dance of risk versus reward when investing in the future of manufacturing, and historically, organizations have leaned toward being risk-averse. When it comes to artificial intelligence (AI)—a sect of technology that stands to optimize operations and markedly offset operating costs—the proverbial sheen that sought to spark action in the hearts of cautious companies has begun to wear off, as the reality of improvement timelines sink in.
This tipping point manufacturers are heading toward is commonly referred to as the Trough of Disillusionment, coined by Gartner to best explain the lackluster sentiment that follows an investment that does not...
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