The manufacturing industry has always had an appetite for technology. From big data analytics to advanced robotics, the game-changing benefits of modern technologies are helping manufacturers reduce human intervention, increase plant productivity and gain a competitive edge.
Sophisticated technologies, such as artificial intelligence, the internet of things and 3-D printing among others, are shaping the future of manufacturing by lowering the cost of production, improving the speed of operations and minimizing errors. Since productivity is critical to the success of a manufacturing plant, every manufacturer is expected to make significant investments in these technologies.
The capabilities of the internet of things (IoT) are rapidly being implemented in the industrial and manufacturing domain, providing plant owners with a way to increase productivity and decrease the complexities of processes. By 2020, the number of IoT-enabled devices is expected to reach the 25 billion mark.
The industrial internet of things (IIoT) is an amalgamation of various technologies, such as machine learning, big data, sensor data, cloud integration and machine automation. These technologies are being employed in areas like predictive and proactive maintenance, real-time monitoring, resource optimization, supply-chain visibility, cross-facility operations analysis, and safety, enabling plant managers to minimize downtime and enhance process efficiency.
Inclusive and sustainable industrial development (ISID) is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides ...
Inclusive and sustainable industrial development (ISID) is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides ...
Inclusive and sustainable industrial development (ISID) is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides ...
Inclusive and sustainable industrial development (ISID) is the primary source of income generation, allows for rapid and sustained increases in living standards for all people, and provides
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Industry is a seedbed for entrepreneurship, business investment, technological progress, the upgrading of skills, and the creation of decent jobs. All these factors contribute to sustained productivity
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In developing countries and economies in transition, industrial small and medium enterprises (SMEs) often lack managerial capacities and have insufficient knowledge of business processes as well as of operational and production cycles.
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