Digital Transformation in Manufacturing
If you want to embark on a journey to Industry 4.0, you must accelerate your digital transformation journey to optimize, modernize, and automate. EPC Group will help you connect your Legacy with Digital to gain holistic success.
Achieving Digital transformation in Manufacturing
Advanced Digital Technologies and Industry 4.0 are Set to Reinvent Manufacturing Industry
The manufacturing industry encompasses giant multinationals as well as small manufacturers. Like other industries, the manufacturing industry is diverse, and each player has a different speed and approach towards digitization.
The COVID-19 Pandemic has forced the manufacturing industry to undertake extraordinary measures for protecting its people and maintain operations. The companies that already scaled digital technologies experienced a win-win situation. Companies that were in the middle of scaling got some time to for reality-check. Nevertheless, for manufacturers that have not started their digital transformation journey, it was a wake-up call.
However, the advancing and evolving technofixes accelerated digital transformation in manufacturing. Many companies adopted broadband networking to work on cloud-basic computing and integrated storage, sensor technologies, and more. The Industry 4.0 resolution drives the fundamental market shift making way for a new wave of digital disruption.
Digital transformation in manufacturing is equivalent to migrating value away from the legacy products to the products commoditized by the data generated through those products and the insights driven out of that data. Besides, advanced digital technologies are enhancing productivity due to effective optimization of manufacturing products through automation.
Trends Driving Digital Transformation in Manufacturing
Digital transformation in manufacturing is a process of enhancing the traditional manufacturing process using new advanced technologies. It drives manufacturing technology forward by addressing inefficiencies in the existing process. The entire process is driven by technology to participate in Industry 4.0 revolution for reshaping the business, transform production, create efficient and better relationships between producers, suppliers, and consumers.
Trends that are driving digital transformation in the manufacturing industry are,
- More than ever, customers are interested in speedy deliveries, versatile options, and instant satisfaction. To meet such demands, manufacturers need to adapt quickly, either by product innovations or by modifying existing systems.
- Leveraging the latest technologies like cloud computing, advanced robotics, advanced analytics, and cost-efficient 3-D printing helps optimize manufacturing that enhances customer experience.
- Smart machines generate more data, making better use of data analytics, you can derive deeper and actionable insights using predictive analytics that assist in smarter decision making.
- Omni-channel communications or unified communication tools provide innovative and feature-rich ways to interact like online chat/live support, social platforms, mobile chat, video support, and more. It all helps in elevating the manufacturing customer experience.
- By deploying automated, cloud-based solutions, manufacturers can streamline processes, avoid costly rework and downtime, simplify performance monitoring, identify weaknesses and bottlenecks, and pre-test new ideas before implementing them.
With the use of appropriate digital technologies, you can achieve online paperwork, automatic stock replenishment, factory virtualization, E-sourcing, digital planning and processing tools, remote communication software, and online collaboration to digitize work.
Features of Digital Transformation in Manufacturing
Artificial Intelligence
AI helps in creating intelligence factories. AI creates Machine Learning models to reduce anomalies and prevent accidents. It helps optimize maintenance schedules, spot production glitches, monitor the quality of products, and ensure the work schedule optimizes human and machine resources.
AR/VR
Increased use of AR/VR applications on the manufacturing floor helps in improving employee performance and enhance production. Manufacturers can use these applications to train new staff, inset machinery, repair faults, conduct quality checks, and achieve zero escapes, zero defects goals.
5G
The 5G technology is a default choice for manufacturers due to its high capacity, wireless flexibility, and low latency. It provides an affordable method to create large, wireless sensor networks that enable the IoT network to improve both; data collection and automation.
3D Printing
3D printing technology is replacing lathes, mills, welding machines, and presses in the manufacturing industry. It allows manufacturers to make and test cheaper prototypes. It has changed the concept of collaborative design by creating once impossible manufacturing products at lower costs.
IIoT (Industrial Internet of Things)
Today is the biggest driver of productivity, growth, and digital transformation. It is a highly intricate web of manufacturing machines present on the floor networked over the internet. IIoT helps manufacturers to move from reactive to predictive maintenance by optimizing asset management strategies.
Predictive Maintenance
Innovation in predictive maintenance is taking the manufacturing industry one step closer to “Always On”. And by staying interconnected reduced the downtime tremendously. Real-time alerts and networked sensors predictive maintenance catches mechanical failures even before they occur.
Industrial Robots
Using robots with high AI capabilities and other emerging technologies, manufacturers get one step closer to building an intelligent factory. Apart from performing tasks, industrial robots engage in data collection, sharing, and analysis to help solve problems. Collaboration robots or robots work with humans.
Hyper Automation
Hyper automation extends across a range of tools that can be automated. It is a set of technologies used to discover, analyze, design, automate, measure, monitor, and reassess business processes and data. It Is an advanced computing technology encompassing AI and ML working together to identify and automate all possible business processes.
The EPC Group Difference
EPC Group understands the unique challenges and urgency of the manufacturing industry to adopt advanced digital tools. Working with EPC Group ensures that your digital transformation initiative is well understood and grounded with careful consideration.
EPC Group and its digital transformation consultants will work with you as a collaborative partner for delivering your specific digital transformation objectives in manufacturing.
We have a trained team of digital transformation experts experienced and highly skilled in different technologies to understand the goals, identify the risks, and walk your company seamlessly through every step of digital transformation.
Our digital transformation consultants bring unique expertise that can only be brought by a company designing and building digital tools for daily use by an organization.
If you have any questions about digital transformation in manufacturing, feel free to ask our experts.
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