Manufacturing and Process Management

Spotlight on Smart Manufacturing

Provided by Fujitsu

Category Manufacturing and Process Management

Type White Paper

Length 22

Publish Date February 05 2018

Date posted February 05 2018

Overview

Compared to most, it’s not much of a buzzword. It’s solid, simple, but also surprisingly enigmatic. What is it? It just might be the ‘fourth industrial’ revolution. Only history will judge if it is, but right now, as digital technologies rapidly change the way we live and work, it’s wise to develop a deep understanding of what Industry 4.0 means to your business.
Manufacturers know that their world is changing. They understand that any definition of an industrial revolution is predicated on how goods are produced. Manufacturing drives change. It is at the vanguard to economic development. New business models based on service and different means of ownership are fundamentally changing a manufacturer’s position in the supply chain. Servitization (another buzzword that seems to be achieving longevity) is rapidly becoming established in a sector which used to be solely focused on mass production and basic support services. Factories are becoming cool, clean places which are digitally connected to the entire ecosystem – from raw materials through to end-users. Big Data, AI, robotics, and IoT are transforming the way workers interact with the goods they produce and the customers they serve. Suddenly, there are ‘teams’ of people and machines working together to see a product through to completion in its entirety. The smart factory is real, and its rise is inexorable. A new industrial revolution is underway; it’s time for manufacturers to think about co-creating the digital factory with a strong and experienced partner.

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