Cloud-based Data Storage for Data Management in the Virtual Factory

What is it about?

In today’s global markets, Small and Medium-sized Enterprises (SMEs) in Europe are facing competitors not only from neighbors, but also competitors from non-European countries with higher production and lower labor costs. There is a need for a highly flexible business relationship between manufacturing companies. Therefore, the former hierarchical networks and supply chains are being replaced by collaboration among dispersed companies. This dynamic collaboration includes activities such as designing, manufacturing and delivering more complex products (Cunha et al., 2011). For these SMEs, they can concentrate on their core competencies while adapting themselves to participate in agile enterprise formations following the Virtual Enterprise (VE) paradigm (Browne and Zhang, 1999).

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