4 Core Technologies Shaping The Future Of Manufacturing

4 Core Technologies Shaping The Future Of Manufacturing
Technology

PSFK’s Future of Manufacturing report identifies the four technologies leading digital supply chain transformation

PSFK Labs
  • 24 august 2017

Digital transformation starts with an investment—so which technologies are manufacturers turning to first? PSFK’s Future of Manufacturing report, a collaboration with Microsoft, takes a comprehensive look at the steps to connected production. Below, we summarize the core technologies revolutionizing supply chains for the 21st century.

The excerpt below is a snapshot of the analyses provided in the Future of Manufacturing report. Click here to download the full free report, which includes expert insights, key scenarios and enabling technologies.

The always-connected consumer and popularization of e-commerce platforms has resulted in increased supply chain pressures, with manufacturers needing to output goods faster and more efficiently to meet elevated demands. Evidenced in the five Future of Manufacturing scenarios, the path towards digitally-powered operations is no longer locked in manufacturers’ imaginations, but achievable by adopting a new generation of intelligent, connected equipment and cloud-based solutions. The four leading technologies identified below will help guide manufacturers into digital supply chain transformation, essential for not only optimizing end-to-end efficiency, but providing ongoing services to accompany products.

Cloud Connectivity & IoT Technologies are the backbone for a new generation of connected manufacturing and prescient maintenance capabilities. By implementing Internet of Things technologies into service equipment, manufacturers can enable remote operation and servicing, enhance production flexibility and customization capabilities, while democratizing secure access to essential information throughout the entire supply chain.

Big Data Analytics empower manufacturers to extract actionable insights from troves of information. Whether optimizing production output and efficiencies through real-time monitoring of operations, influencing the product development pipeline or anticipating future outcomes based on the study of historical tendencies and current behaviors in the marketplace, these tools ensure companies are better positioned to take advantage of coming shifts and opportunities for long-term success.

Machine Learning is not only accelerating the path towards ultra-efficiency, but is paving the road towards a new generation of manufacturing as a service, extending the life of a product beyond a one-time purchase. By fitting end products with sensors and connected capabilities, manufacturers can remotely monitor the effectiveness of finished products and derive usage patterns and insights to inform performance refinements, maintenance schedules and future product creations.

Real-Time Communication Platforms enable remote teams and cross industry partners to share ideas or work together on projects in secure, virtual environments. By accelerating the speed of collaboration, research and development teams can reduce development cycles and lower product development costs, while ensuring multiple iterations throughout the process result in a high-quality end product. The technologies can also be leveraged to simulate and test future production infrastructure when looking to scale or implement new operational capabilities.

The 30+ page report includes:

  • Insights into the evolving manufacturing landscape and how to prepare for increased supply chain pressure
  • 5 forward thinking scenarios illustrating the digital landscape
  • 10 trends shaping connected manufacturing
  • Four industry disruptors influencing makers
  • Actionable takeaways for business and information technology decision makers

In partnership with Microsoft, PSFK presents the Future Of Manufacturing report, an opportunity playbook that explores a new era of supply chain management and the technologies that enable faster, more agile manufacturing operations. Tune into psfk.com for a 10-week in-depth look at expert insights, key findings and detailed scenarios, or download the full report here.

Digital transformation starts with an investment—so which technologies are manufacturers turning to first? PSFK’s Future of Manufacturing report, a collaboration with Microsoft, takes a comprehensive look at the steps to connected production. Below, we summarize the core technologies revolutionizing supply chains for the 21st century.

+AI
+artificial intelligence
+Big Data
+data analytics
+future of manufacturing
+internet of things
+IoT
+IoT
+machine learning
+manufacturing
+Market Research
+Microsoft
+Research and development
+retail
+technology
+Virtual Commerce
+work

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