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You are here: Home / Manufacturing, Wholesale, Import/Export, International Trade / 4 Ways Technology is Revolutionizing the Manufacturing Industry

4 Ways Technology is Revolutionizing the Manufacturing Industry

June 7, 2020 by Post

The Case for Agile Development and Operations - Facility ...

Consumers are aware of how the advent of the internet and advancements in technology are delivering the world to their palms by bringing communication, news, and endless shopping options to their mobile devices. However, they’re not always aware of the different ways that tech is transforming how different products they use are made.

Various technological inventions and advancements are fundamentally changing the manufacturing industry. Today, rapid CNC machining and other aspects of the manufacturing process are more efficient than ever. Here is how technology is transforming the manufacturing sector.

From steam power to highly integrated data power

Back in the 18th century, people transitioned from simple tools and animal labor to somewhat advanced machines that required an alternative source of power. This was the dawn of the industrial revolution and mechanization. Indeed, it was the beginning of leveraging coal and other fuels for production. These techniques have undergone significant transformations over the centuries, and today, the world is experiencing the fourth industrial revolution – Industry 4.0.

This is some kind of paradigm shift where the digital element has been heavily integrated into the physical aspect of manufacturing. It facilitates smooth connections between different departments, people, and products in a single organization.

Humans & machines seem to be better together

At the core of the so-called Industry, 4.0 is the enhanced human-machine coordination to drive information transparency, interconnectivity, and autonomous decision making. According to GlobalData, the key technologies driving efficiency in the manufacturing industry include the industrial Internet of Things, augmented reality, big data & analytics, cloud computing, and 3D printing.

Other technological innovations that have made significant contributions to the current data-driven, automated, and agile environment for manufacturing include simulation, robotics, artificial intelligence, cybersecurity, and blockchain. These technologies can be applied in the manufacturing process to improve results in inventory planning, predictive maintenance, logistical efficiency, and more.

Smart factory

This refers to a concept that revolves around flexibly, automated, and self-monitoring environments where materials, humans, and machines communicate effectively with each other. This spares employees for other more productive projects and optimizes the design or production process for a higher efficiency level.

A smart factory is a truly productive environment that can benefit both manufacturers and consumers. This kind of environment supports real-time monitoring, enhanced communication, self-diagnosis, and advanced data analysis.

Unlike the approach that dominated the second industrial revolution in which vehicles were built in assembly lines to enhance efficiency, Audi has adopted a better approach – a disruptive concept often referred to as a modular assembly.

Wrap up

The evolution of technology is impacting the manufacturing industries in different ways and making businesses more productive and efficient. Besides, these technologies have helped boost the overall quality of the end products, create a better work environment for employees, and reduced instances of human error in the manufacturing process.Computer systems like CRMs help companies to plan workload efficiently. Intensive data analysis and interpretation have been helpful in making reliable business growth projections and decisions.

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Filed Under: Manufacturing, Wholesale, Import/Export, International Trade, Science, Technology, Security, Software, Social Media

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