The age of the ‘Industrial Internet’ has arrived and to be successful, companies will need to change the way they do business in the future.
Since the downturn of 2008, the U.S. manufacturing economy has been making stellar yet uncharacteristic improvements.
Significant changes and transformations have taken place that has set the stage for a next generation of manufacturing.
Much of this next generation technology is centered on the rapid growth of products themselves as well as the manufacturing fabrication of those products.
The age of the ‘Industrial Internet’ has arrived and to be successful, companies will need to change the way they do business in the future.
Key factors of the future generation of manufacturing are as follows:
• Robotics and automation now will reach into the mid-market and become pervasive.
• Additive and 3-D manufacturing methods will enable rapid production of custom low volume products without the need for tooling and pre-production process.
• Software will become embedded into more products -- even ones that historically were just ‘parts.’
• Connected and sensor enabled machines will become more pervasive and generate more data than ever before.
• Analytics is going to continue to play an increasing role.
