The manufacturing industry, today, is undergoing a technological disruption and reinventing its age-old production processes. The meteoric growth in data volumes, emergence of big data analytics, increased computational capabilities, round-the-clock connectivity, and more, are bolstering the development of integrated, automated, and highly scalable production ecosystems. Resultantly, the impact of the Industry 4.0 revolution is also expanding with each passing day, driving manufacturing organizations to adopt lean methodologies and agile approach that can streamline the manufacturing workflow.
Industry 4.0 is enabling machines to share information about stock levels, equipment malfunctions, and more, in real-time, blurring the lines between tech implementations and production line environments. Additionally, the revolution is assisting companies to seamlessly align new deployments with the existing manufacturing processes—strengthening efficiency, throughput, resource allocation, and quality of products. The technology-driven disruption of the manufacturing sector is helping manufacturing companies to consolidate distributed production units, supply chain operations, and other organizational aspects to create a synchronized functioning unit. Further, the insights gathered from large amounts of manufacturing data everyday is further driving the companies toward better decision making.
Therefore, to capitalize on the rising demand for tech-driven manufacturing processes, companies have to stay vigilant about the development of cutting edge manufacturing solutions and reinvent their operational strategies accordingly. Today, numerous solution providers in the market are empowering manufacturers to be active participants in the fourth industrial revolution. Our goal with this special edition is to help companies discover best-of-breed manufacturing technology solution providers. This edition of the Manufacturing Outlook combines thought-leadership from subject matter experts with real stories on what selected vendors are doing for their clients, and includes exclusive insights from CIOs and CXOs.
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