Business
We’re in the midst of a significant transformation regarding the way we produce products thanks to the digitization of manufacturing and the convergence of tech. This transition represents a change in global supply chains, the fourth revolution that has occurred in manufacturing. Quality, harmonization across processes, leveraging data for insights in industry 4.0, all still hinge on an enterprise's ability to elegantly incorporate technology, humans, and the original ground truth of what's happening real-time. How do you revolutionize vision and inspection with a big data platform for visual data? How do you manage it and let it permeate in the cloud stratosphere, then push it out to manufacturers? Meet Cogniac. In Episode 55, Sheri Hinish (Supply Chain Queen) chats with Chuck Myers, CEO of Cogniac and serial innovator with an accomplished career in defense, automotive, telco, and scaling start ups to successful companies. Chuck shares the key to his success, diverse teams. No surprise here folks. He shares hard earned lessons about leading and selling successful companies, where he describes, "its better to be lucky, than good. I've had a lot of doubles. You have to be a bit paranoid, hire good people, be a loyal person and put people in the right job and treat them right." Industry 4.0 leaves many questioning how do humans fit into AI/ML, big data, and automation. 'Human in the loop' makes Cogniac different because it is essentially building AI for AI, including the quality SME. Chuck explains an example of Cogniac in railroad, where it visualizes for inspection about 22M trains wheels a month, 30,000 miles of track in near real time. AI makes a determination of high probability and elevates to the 'human in the loop' with immediate intervention. In this example, critical decisions by the human are value add and elevated in the enterprise. This union illustrates the marriage of AI in the future of work across global supply chains and Industry 4.0. To learn more about Cogniac, visit https://cogniac.co/ To connect and explore the Supply Chain Revolution, visit supplychainqueen.com