Top 5 Digital Transformation Trends in Manufacturing
Every industry is going through a transformation thanks to the advancements made in technology over the last decade. The manufacturing and distribution industry is no different, as it begins to move from mass production to customized production.
In an article from Forbes, author Daniel Newman writes, “Like the Industrial Revolution impacted manufacturing, digital transformation is now responsible for changing the industry”.
In the article Newman discusses 5 trends to lookout for:
- IoT and Industry 4.0
- AI and machine learning
- Improved Speed and Efficiency
- Data and analytics
Newman continues, “Consumer expectations and the advent of connected devices and platforms are driving the persistent digitization of manufacturing. While the majority of manufacturing and distribution executives acknowledge the importance of this transformation, only 5% of them are satisfied with their current digital strategies”. Is your company satisfied with your current digital strategy, or is it time to reconsider?
To read more, see the full article from Daniel Newman in Forbes.