The defining product of the digitalisation of manufacturing activities is data. Companies risk missing out on the opportunity to glean the maximum amount of information from their data and use it to drive their business towards becoming what SAP describe as an 'Intelligent Enterprise', a business whose activities are connected and transparent at every stage, from production to customer service.
The market for industrial and manufacturing software applications is set to grow from £13.4bn (US$18bn) in 2019 to £20.7bn ($27bn) in 2024, according to new research - an increase of more than 50%.
Will 2020 be the year that Industry 4.0 finally makes the leap from overhyped buzzword to a truly pervasive force throughout the manufacturing industry? We certainly hope so. Here’s your 2020 checklist for maximising the potential of Industry 4.0 for your manufacturing business.
Mark Hughes explores the future of nanotechnology, the benefits it holds for the manufacturing sector, and the barriers that must be overcome to unlock its potential.
More and more companies are turning to cloud to optimise operations, increase productivity and deliver better customer experiences. But what does it take to deliver a successful, and sustainable, journey into cloud?
While most manufacturers cite customer experience as a top priority going forward, implementing digital strategies that deliver better customer experience can be daunting. But digital transformation isn’t difficult if you take it one step at a time.
Mike Bristow, COO for manufacturing logistics at DHL, took to the main stage at Manufacturing Leaders’ Summit 2019 to share insights from DHL’s latest edition of its Trend Radar, which captures the development of society, business and technology.
Smart factories could boost the global economy by at least $1.5tn over the next five years, so long as manufacturers can adopt the technologies necessary for the transformation.
Amir Hever, CEO of UVeye, recalls the company’s beginnings and explains how its range of AI-based products is setting the future standard for automotive manufacturing.
Matthew Wells took to the main stage at Manufacturing Leaders’ Summit 2019 to discuss how manufacturers are already optimising their activities using industrial data – delivering productivity gains that support their sustainability, financial and operational goals.
