Great Smart Manufacturing Initiatives Deserve Great Funding: Grantek’s Sam Russem Shares Why Calculating ROI is Critical for a Smart Manufacturing Project
October 4, 2021
Control Engineering Magazine’s September 2021 issue features an article which outlines why companies need to take a closer look at how to establish a financial justification and calculate the return on investment (ROI) for smart manufacturing projects. This article, titled: “Great smart manufacturing initiatives deserve great funding”, was written by Sam Russem, Senior Director of Smart Manufacturing Solutions at Grantek.
“Constructing a business case for smart manufacturing projects is a challenging but necessary step to get buy-in and sponsorship from stakeholders across the organization. A proper business case with ROI can not only get the smart manufacturing initiative approved; it will also help develop an implementation strategy, reduce risk of surprise-costs and establish expectations and metrics for success.”
– Control Engineering Magazine, September 2021
Control Engineering Magazine also named Grantek one of the 2021 top System Integrator Giants in the world. Grantek was awarded 16th place on the 2021 System Integrator Giants list. The System Integrator Giants list is compiled annually and ranks the top 75 system integration companies in the world by total system integration revenue. The system integration companies on the 2021 System Integrator Giants list account for revenues of $2.113 billion, and more than 40% of the companies on this year’s list, including Grantek had revenues above $10 million.
Control Engineering Magazine connects the global industrial engineering audience through coverage of and education about automation, control, and instrumentation technologies in a regionally focused, actionable manner through online and print media and in-person events. Established in 1954, Control Engineering provides information for automation engineers who design, implement, integrate, maintain, and manage control, automation, and instrumentation systems, components, and equipment to do their jobs better.
For over 40 years, top manufacturers in Food & Beverage, CPG and Life Sciences/Pharmaceuticals have called upon Grantek to solve their most complex business and manufacturing challenges. Grantek automates Pharmaceutical and Food & Beverage manufacturing operations, including integration with business systems for seamless solutions. Grantek helps customers meet the stringent requirements and challenges of the 4th Industrial Revolution. Grantek is a system integrator and solution provider with a specialization in Smart Manufacturing solutions, Manufacturing Automation solutions, Industrial IT/Cybersecurity solutions and Manufacturing Consulting services.