The 10 Biggest Future Trends In Manufacturing - Forbes
WebJan 25, 2022 · Indeed, a number of trends are combining to transform manufacturing and, together, these trends can be referred to as “Industry 4.0.” Let’s explore the seven biggest trends that are contributing...
10 manufacturing trends that are changing the industry - IBM
WebJun 29, 2023 · 1. Digitalization and Industry 4.0. Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. Industry 4.0 —also known as the fourth industrial revolution—is the latest phase of the manufacturing industry’s digital transformation.
Manufacturing the future: The next era of global growth and …
WebNov 1, 2012 · Manufacturing the future: The next era of global growth and innovation, a major report from the McKinsey Global Institute, presents a clear view of how manufacturing contributes to the global economy today and how it will probably evolve over the coming decade. Our findings include the following points:
Top 10 tech trends for next 10 years (according to McKinsey)
Web5 days ago · 1. Process automation and virtualization. Around half of all existing work activities could be automated in the next few decades, as next-level process automation and virtualization become more commonplace. “By 2025, more than 50 billion devices will be connected to the Industrial Internet of Things (IIoT),” McKinsey predicts.
What are Industry 4.0, the Fourth Industrial Revolution, and 4IR?
WebAug 17, 2022 · Industry 4.0, the Fourth Industrial Revolution, and 4IR all refer to the current era of connectivity, advanced analytics, automation, and advanced-manufacturing technology that has been transforming global business for years.
Advanced manufacturing and the promise of Industry 4.0
WebJun 27, 2022 · About the authors. To address these disruptions, successful advanced industry (AI) companies are leveraging Industry 4.0 to achieve faster, more sustainable change, shown most dramatically at “lighthouse” manufacturers that have led the way in Industry 4.0 implementation.
10 Trends Shaping the Future of Modern Manufacturing
WebJan 26, 2024 · In today’s rapidly evolving industrial landscape, modern manufacturing stands at the forefront of innovation and efficiency. This sector, a critical pillar of the global economy, is undergoing a significant transformation, driven by technological advancements and changing market demands.
The future starts with Industrial AI | MIT Technology Review
WebJun 28, 2021 · The AspenTech 2020 Industrial AI Research shows that among large industrial companies, 83% believe AI produces better results—but only 20% have adopted it. Barriers to entry, both real and ...
The future of global manufacturing | Brookings
WebMar 4, 2020 · Today’s rapidly evolving manufacturing technologies including artificial intelligence, advanced robotics and the “internet of things”—often referred to as “Industry 4.0” technologies—are poised...
How technology is changing manufacturing | Brookings
WebJun 2, 2016 · Workers now are producing 47 percent more than 20 years ago. Through the development of automation, robotics, and advanced manufacturing, the sector has bounced back along with the overall economy....
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