Next-generation data analytics are transforming manufacturing, as companies are "looking very systematically at everything they do, from the methods they use to make things, [to] technologies like 3-D printing and additive printing, all the way to their business models," says Jon Sobel, CEO of Sight Machine. He notes the big data software market has the potential to grow from almost nothing to over $1 billion within five years.
Internet of things applications to industrial control networks are creating unprecedented access and data, but the downside is cybersecurity vulnerability, writes Josh Jabs of Entrust Datacard. The most effective security systems protect data and users across entire ecosystems, he writes.
Data devoid of analysis and smart use by decision makers will do nothing to help manufacturers be more productive, write Serg Posadas and Brad Young of Clockwork Solutions. "There is little value in collected data unless you can use the data to obtain insights that turn into process-improving action," Young writes.
Complacency is a danger for manufacturers who have invested time and money in safety programs and want them to work indefinitely, writes Ward Metzler of DuPont Sustainable Solutions. Manufacturers have to regularly engage with employees to identify and prioritize hazards and recognize that people make risk-related decisions based on emotion, he writes.
JFL Enterprises' candy-scented hand sanitizer was the highest-rated product at GMDC's 2017 Health Beauty Wellness Marketing Conference. Global Brands Group's children's bath products and Bela soaps from Value Max Products came in second and third, respectively.
Forever 21 will open 10 Riley Rose specialty beauty stores this year, starting with a location in Glendale, Calif., set to debut on Sept. 30. Other fashion retailers have been expanding into the beauty category recently, including Urban Outfitters and H&M.
Birchbox turns 7 this month and will commemorate the anniversary with customer appreciation promotions and three collectible boxes. The company, which began as a beauty subscription service and expanded into e-commerce and brick-and-mortar retail, turned its first profit earlier this year.
Amazon and Walmart scored highest on customer satisfaction in a survey of online grocery shoppers, half of whom expect to spend more on digital grocery shopping in the next year.
Google will spend $1.1 billion hiring around 2,000 HTC employees who had been working in HTC's Pixel unit, as well as acquiring nonexclusive intellectual property rights. Google is seeking to expand its hardware sales by adding hardware engineers.
Whole Foods Market will stop allowing brand representatives to promote their products in its stores or check on in-store displays starting in April. Under Amazon's ownership, the grocer will also phase out much of its local and regional product selection system in favor of centralized buying.