Business Agility

Digital Initiatives In Manufacturing Industry


April 25, 2021
Business Agility Office

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Manufacturers are pushing for investment in digital transformation, and there is no shortage of discussions these days about forward-looking concepts such as the use of open standards in the manufacturing process. The new initiative aims to provide manufacturers with an alternative to existing vendors known for their proprietary, proprietary and proprietary software and services, and to introduce an open standard in widely used applications. Expanding the range of options available to manufacturers for developing and deploying digital technologies should help manufacturers adapt to immediate challenges.

Intelligent manufacturing has the potential to improve the quality and efficiency of manufacturing, as well as the safety and reliability of manufacturers "products and services.

Moreover, it is also crucial that digital transformation initiatives and innovations are implemented through the use of open standards and open technology, not through proprietary software and services. There is a lot of pressure on manufacturers to make efforts to transform into digital products, but it is the people who are implementing them in manufacturing and other industries.

As a leading manufacturing network, our mission is to strengthen the leading manufacturing companies to increase the growth, profitability and reputation of global manufacturers. With its Industry 4.0 initiative, Mexico aims to be a global leader in the introduction of open standards and technologies in its manufacturing industry.

Industry 4.0

By understanding and using the technologies that drive Industry 4.0, manufacturers can stay ahead of the curve in this new digital age. While AR and VR will continue to provide better and safer general training, production will continue with the introduction of new technologies such as 3-D printing, which will enable companies to produce faster and cheaper prototypes. The biggest trend in the digital transformation of manufacturing will be rounded off by 3D printing technology.

Visitors can discover and see how the latest metrology innovations are applied in the most important manufacturing industries. Visit www.renishaw.com / virtualexpo to see and visit the world’s most advanced metrologists, engineers and experts in digital technology. They will also not be able to see the full extent of the current state of the art in 3D printing technology, and How it is implemented applies to key manufacturing industries, while discovering and seeing a wide range of new technologies such as virtual reality, augmented reality (AR) and virtual and augmented intelligence.

Robotics enables manufacturing companies to ensure better production quality, and AI also helps manufacturing industries to develop more efficient and cost-effective manufacturing processes. The digital transformation of factory operations helps manufacturing industry to maintain its operations and manufacturers to transform digital operations in factories.

The Challenge

The real challenge is fragmenting and silencing production data and the technology that surrounds it. The continued use of legacy and antique technology, including CRM hardware, ERPs and network infrastructure, is preventing the manufacturing industry from stepping up its digital transformation game and remaining competitive, regardless of the technology downstairs. Fortunately, manufacturing is an industry that can easily take advantage of the new age of digital technology to achieve greater supply chain efficiency and productivity through smarter, better, and safer operations. Digital manufacturing enables manufacturers to eliminate bottlenecks, reduce inventory, improve quality, reduce time to market, quickly adapt to customer needs and increase the number of products manufactured.

Industry 4.0 initiatives that are launched from time to time show that most developed countries are beginning to reap the benefits of Industry 4, and this change is accelerating.

From e-commerce manufacturers to CRM and ERP platforms, customer data is more visible than ever, and no manufacturer can ignore it.

Companies active in these markets also acquire start-ups working on digital transformation and manufacturing technologies to strengthen their product capacities. Many companies see the potential benefits of digital technologies, but struggle to get off the ground.

This in turn limits the digital strategy horizon and pushes manufacturing companies further back. This is the conclusion of a study by Deloitte, which found that members of the manufacturing sector are lagging behind in implementing larger companies - large-scale digital initiatives. While 54% of respondents identified use cases for digital manufacturing, only 9% scale digitally. As in any industry, there are many things that can deter manufacturers from taking digital transformation initiatives, whether selling the idea to senior management or fighting fears about the human and resources of companies.

The value created by Industry 4.0 can be based on the use of a range of technologies that are incorporated into the manufacturing process, which is therefore classified as a digital transformation initiative or "digital transformation strategy" in the context of industry. Before manufacturers adopt digital manufacturing technologies, they should determine what they are trying to solve. Most digital transformation initiatives require a lot of planning and planning, which manufacturers may or may not be able to commit to.

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