In today’s digitalized world, where new technologies and consumer experiences take center stage, organizations are racing to implement innovative digital solutions to provide more value. As this digitalization continues to impact the way manufacturing organizations operate, smart factories are fast becoming the norm with cutting-edge technologies—digitizing and automating the entire production, operations, and supply chain.
In the manufacturing sector, artificial intelligence (AI) is creating new opportunities for consumers as well as the manufacturers. It is assisting the manufacturing teams to detect production faults or any product quality issue. Additional insights offered by AI are being useful to optimize the manufacturing supply chain, helping the company to match the demands and satisfy modern consumers. Besides, the implementation of Business Intelligence (BI) and smart analytical tools are also making it possible for the industry to focus on the B2B2C model. The analytical reports and regular monitoring of the product acceleration in the market is enabling manufacturers to make informed decisions. Together with that, it is allowing organizations to regulate the price according to the present market rates, control the brand representation and reach, give access to accurate customer data, and increase business profits.
Emerging as a new technological constant in the manufacturing realm, agility has scripted the formula of change to establish and maintain industrial consistency and excellence. Agile manufacturing processes are offering the highest level of flexibility, with which the industry can change the product as per the changing market needs effortlessly within no time. At the same time, 3D printing is helping the manufacturers to work with the precise prototype, effectively saving the time of redesigning and eliminating the chances of mistake. It enables less expensive production value and increase the speed of production processes.
At this juncture, there is a wide variety of solutions providers entering the industry with a set of advanced and integrated smart factory solutions offerings. To help companies navigate through the best-of-breed smart factory solution providers, Manufacturing Technology Insights has compiled a list of ‘Top 10 Smart Factory Solution Providers – 2020.’ The enlisted organizations are transforming the manufacturing operations and processes at the convergence of several disruptive technologies. Besides, 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 Solution Providers – 2020.”