Industry 4.0 is well underway. Incorporating automation, artificial intelligence, and other smart technologies has the potential to transform businesses In the manufacturing world. To survive in the market, every business, whether in the automotive or high-tech manufacturing industries, must make use of cutting-edge industrial technologies revolutionizing factory processes. Automation can also help in increasing outputs and efficiency while reducing costs and risks that human operators face while operating hazardous equipment. Factories built in the future will make use of intelligent and networked systems that go beyond standard automation. These smart systems, powered by a continual stream of data that is generated from business operations, enable them to learn and evolve to new demands in the industry.
Smart Factories enable real-time communication between machines, factories, and logistics, allowing for improved insight into end-to-end supply chain activities. Several processes, such as Compliance, regulatory, and quality reporting needs that would need several people putting in hours of work can all be done in an automated fashion using IoT. Recently developed 3D printers are increasingly being used to reduce the cost of the final product. They’re getting cheaper, faster, and more precise, with the ability to handle a larger range of materials. As a result, manufacturers have to lead the automation race in order to stay competitive and meet the demand for manufactured goods in both established and emerging markets.
To help organizations select the best Smart Factory Solution Providers, we present to you Manufacturing Technology Insights’ “Top 10 Smart Factory Solution Providers - 2021.”
