The world is changing, so is Manufacturing. The 6 trends listed below define intelligent manufacturing, and help empower clients to better evaluate and manage operations, build innovative products and services, and grow their manufacturing businesses.
- IT and OT converge. IT systems merge with operational technologies to create smarter, connected solutions. Businesses are facing increased pressure to meet changing customer demands, including those for faster fulfillment and greater transparency. To do this, manufacturers are forced to integrate their systems, including IT and OT systems, as well as integrating new and legacy systems.
The rise of XaaS. Manufacturers are moving closer to the consumer, to meet evolving customer demands. Growth of on-demand services, force manufacturers to re-evaluate their value chain to optimize performance and better meet customer expectations. As a result, manufacturers are seeking seek for tighter control over their value chain, including sales, which will push an increasing number of brands to explore direct-to-consumer options.
Intelligent manufacturing. Connected intelligent systems leverage AI and machine learning to make manufacturing smarter. Throughout history, manufacturing and the products produced by manufacturers have been driven by technology. In 2019, technology is becoming smarter, with the cloud, IoT, AI, and machine learning delivering instant intelligence. Accordingly, manufacturing supply chains will become more intelligent in 2019, as well.
Manufacturing technology evolves. New technologies are revolutionizing manufacturing, improving R&D and production.
Manufacturing technology becomes smarter, safer, and more efficient. Digital twins provide manufacturers with an inexpensive way to test new products and environments and monitor products remotely.
Hybrid manufacturing models and other innovations, including autonomous devices, advanced materials, and AR/VR, are gaining broader adoption, improving workflows, unlocking new product opportunities, and enabling new levels of productivity and collaboration.
Businesses adapt to an evolving workforce. A new, diverse generation enters the workforce with new expectations and demands. As manufacturers face an increasing skills gap, they must seek new ways to fill critical roles on the front line and in the back office. They try to sell young, tech-savvy workers on a career in manufacturing, retrain older employees, seek foreign labor, and tap the emerging gig economy to meet temporary labor demands.
Living in the age of uncertainty. From tariffs to foreign policy, uncertainty puts a strain on businesses.
From tariffs and trade policy to Brexit and data protection, manufacturers must navigate muddy waters through a turbulent, highly-politicized environment.