Customers’ acceptance of a one-size-fits-all product may be ending, but the demand for more personalised, unique experiences doesn’t have to cause the production challenges many manufacturers believe it will.
The UK manufacturing sector continues to grow, even in uncertain times around Brexit. It is currently the ninth largest globally and contributes to a huge 44% of the UK exports. Rapid growth has resulted in successes and struggles, bringing about concerns faced by few other industries as a whole.
Driven by increasing market demand for highly personalised products, the need for manufacturers to leverage the full value of their data is greater than ever. Yet, producing smaller batches of non-standard, unique products is significantly more complex and requires data ‘on-demand’.
Transitioning your enterprise applications to the cloud may carry a risk but simply ignoring the benefits cloud offers will only result in IT continuing to take large bites out of your operating budget each year. Here’s how your business can mitigate the risk.
By manually generating manufacturing drawings, routings and bills of materials, businesses are overlooking a huge opportunity to reduce cost and lead-times, eliminate errors and deliver exceptional customer experiences.
GE Digital’s Predix Manufacturing Data Cloud promises to give manufacturers an ‘unprecedented’ ability to create smart connected factories, offering greater flexibility of deployment, fewer on-premises systems and optimised performance.