Manufacturers today require efficiency in production and delivery across channels to ensure satisfaction and enhanced user experience. For instance, the operational functions and the various production lines should be in sync to deliver the products faster. Thus, incorporating system-wide physical, operational, and human assets enable factories to predict better and make real-time adjustments to changes. The result is increased production efficiency and less downtime.
Interestingly, Smart Manufacturing also harnesses the power of the Internet of Things, Cloud, Big Data, Salesforce, and 5G to bring an overall manufacturing process to the next level. Rigorous use of technology ensures increased efficiency, better production, and increase competitiveness. One of the many consequences of increasing leverage of ‘smart’ technologies in ‘smart factories’ and ‘smart supply chains’ for demanding customers in the industrial production ecosystem is that on top of mass production as it exists since previous industrial revolutions, manufacturing has entered and continues to enter an era of mass customization.
Manufacturing Technology Insights has compiled a list of top 10 smart factory companies in Europe to help organizations choose software solutions and services that best fit their requirement. The enlisted companies are the frontrunners in the market that provide a wide span of features. The magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs. We present to you Manufacturing Technology Insights’ “Top 10 Smart Factory Companies in Europe - 2020.”