Manufacturing

The changing economics of production and distribution, along with shifts in consumer demand and the emergence of smart products, are pushing manufacturers to explore radically new ways of creating and capturing value.

Advanced technologies are shaping the future of manufacturing. From predictive analytics, augmented reality, and additive manufacturing to digital design, advanced robotics, and new materials, innovations can enhance organizational competitiveness and drive economic prosperity.

The Internet of Things is revolutionizing many aspects of manufacturing operations, including real-time production monitoring, improving metrics accuracy and production efficiency.

Manufacturers should be embedding artificial intelligence, blockchain and robotics in their operations today. The convergence of these new technologies will fundamentally shift the manufacturing enterprise. A new workforce with the ability to master these technologies is beginning to emerge.

The only constant today is disruption from new tech-based entrants. And changing consumer preferences and new distribution models are continuously reshaping the industry. With disruption comes the opportunity to innovate.

To stay competitive, organisations must be able to integrate new business models and technologies to accelerate and adapt. All the while, addressing critical risk, data protection and information security across the globe. Strategic, data-driven investments can help to make improvements across the value chain.