The challenges ahead
Between a changing market, new regulations, workforce shortages and increasing supply chain demands, manufacturers face a novel set of challenges. Technologies that transform manufacturing end to end, like the Industrial Internet of Things (IIoT) or automation, can help businesses accelerate smart factory initiatives and mitigate those challenges.
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The state of modern manufacturing
Of manufacturing executives surveyed expect further increases in operational efficiency from investments in the Industrial Internet of Things (IIoT)
Of surveyed organizations plan to enhance data integration for supply-and-demand visibility and planning
Of manufacturing enterprises realize above-average business value from IT spending in digitization
Increase in ransomware—a rise as big as the last five years combined
What's next
Take a look at manufacturing’s opportunities to modernize.
Digital supply chains
Infusing the entire supply chain with digital connectivity empowers new levels of end-to-end visibility, traceability, transparency and data-driven insights. A digital supply chain makes it easier to dynamically sense and predict supply shortages, manage warehouses and keep track of multiple suppliers.
Cybersecurity
Yesterday’s cybersecurity tools often can’t keep up with modern cyber threats. But new, evolving solutions use technology like robots, AI, IoT and the cloud to give manufacturers a connected cybersecurity suite that helps protect their end-to-end operations.
Smart factories
Building next-generation, digitally connected factory processes help manufacturers uncover new efficiencies. By tapping into innovations like IoT, AI and AR, and 5G, businesses can reduce downtime with predictive maintenance, improve safety, automate tasks and even test upgrades before implementation with digital twins.
The future of work
Some manufacturers have found that a hybrid work model nurtures collaboration, improves business flexibility and empowers resiliency amid disruptions. With an agile workforce, manufacturers can react and pivot to workplace disruptions, mitigate challenges like staff shortages and keep production high no matter what.
Warehouse oversight
The newest technology can help manufacturers simplify, automate and improve warehouse operations, from Automated Guided Vehicles (AGVs) to inventory control and logistics. By implementing fast and resilient internet and innovations like digital twins and predictive maintenance, manufacturers can make warehouses more efficient, resilient and safe.