10
Feb
Digitalisation in Manufacturing is Crucial for Survival
With an ever-increasing population, new treads and changes on the global wealth map, there is a rising pressure on manufacturers to perform. Over the last 10 years, technology has progressed incredibly fast and the manufacture sector is no different. ‘New’ machines become outdated in just a few years and with millions of dollars invested in equipment it can be difficult to stay successful in such a competitive market.
Many manufacturers face the problem of being stuck with outdated equipment as modern methods takeover. Problems with inefficiency and a lack of system and quality can cause costly consequences for factory owners.
As consumers become more connected through smart hardware, there is the opportunity for manufacturers to follow suit. The rapidly growing smart industry (Industry 4.0, IoT & SAAS), offers the potential for far greater productivity, quality, on-time delivery, and full traceability for manufacturers. Adopting digitalisation is the only way that factories can keep up with demand and stay competitive.
There are many benefits to digital optimization. Day to day advantages include:
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Visibility into all areas of system processing at the touch of button.
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Analytics to improve efficiency and highlight processing areas for improvement.
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Instant, direct feedback to pinpoint errors, increase response times and reduce costly downtime.
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Removes communication pitfalls.
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Track machinery part lifetime and optimum service routines.