Categories: Industry

Smart factories: Manufacturing’s new frontier

The 4th industrial revolution is transforming every aspect of manufacturing as we know it, representing a quantum leap forwards toward fully connected and flexible systems. The industrial revolutions of yore were epitomized by more tangible drivers – steel, steam engines, assembly lines and integrated circuits. However, what we are witnessing today is an industrial renaissance driven and managed on virtual experience platforms, and through it we can visualize entire industrial ecosystems as never before.

The transformational nature of digital is well documented, allowing us to reimagine the world as we know it. From a manufacturing perspective, that freedom allows us to simultaneously invent, map, model, engineer and manage entirely new environments. Many manufacturers have already incorporated myriad components of a smart factory into their day-to-day operations. However, a truly smart factory necessitates a more holistic approach that embraces the broader ecosystem fully.

The companies that will be at the vanguard of their respective industries tomorrow will be those that full embrace  new-age value networks. Flexibility and agility are a must to succeed in a rapidly evolving world, and to be successful one must break the shackles of the mass production mindset and the static, non-programmable networks,  services and systems built around it. This white paper looks at a changing of the manufacturing guard, demonstrating  how to bridge perceived gaps between the virtual and real worlds of value networks to collaborate, model, optimize and not just perform, but out-perform.

Get your copy of this exclusive report, to fully realize the digital supply network, however, manufacturers likely need to unlock several capabilities

ET Edge Insights

Recent Posts

Branded Blues: How major corporations are drowning us in plastic

Plastic. It's everywhere – from the pristine peaks of Mt. Everest to the deepest trenches…

3 hours ago

Solving the structural problems with the TV audience measurement in India

TV audience measurement (TAM) aims to impartially and rigorously measure television viewership data, which is…

4 hours ago

India’s tourist hotspots set to drive job boom: 58.2 mn positions forecasted by 2033

From iconic landmarks like the Eiffel Tower and the Taj Mahal to hidden gems off…

4 hours ago

Honeywell develops innovative lightweight sensor technology for the Lilium jet

Honeywell  has been chosen by Lilium , the pioneer of the first all-electric vertical takeoff…

5 hours ago

Flexibility and cost-effectiveness: Multi-user facilities in supply chain management

In contemporary supply chain management, the paramount importance of flexibility and cost-effectiveness cannot be overstated.…

8 hours ago

How AI and automation are changing our contact center

The rapid adoption of AI and automation in the wake of the COVID-19 pandemic has…

10 hours ago