Manufacturing Technologies to Stay Competitive: Constant industrial development requires manufacturers to find the quickest, most efficient work processes. New and inventive technologies are generated to make that possible. The only thing left to do is to integrate them into the production process.
The manufacturing industry has always strived for advanced technologies. Modern manufacturing has had no other option than to be open to the ever transforming technological world.
Many manufacturers have opted for automation technologies to achieve the highest efficiency. These technologies have risen in popularity thanks to the many benefits they offer. These include accuracy and minimal human intervention.
Sophisticated technologies, like the industrial internet of things, artificial intelligence, 3D printing and so forth, all include the element of automation.
The printing industry, for instance, invests heavily in automation technologies for high quality production and efficient workflow management, according to large format printing experts at Front Signs, a sign-making and printing company based in Los Angeles.
All the technologies discussed in the article can be included in the so-called Industry 4.0. They have been developed to make manufacturing processes more versatile, cost-effective, and last but not least, more efficient.
Let’s dive in to learn more about the trendiest technologies and their advantages.
The Industrial Internet of Things
The list of trendy technologies starts with the Industrial Internet of Things (IIoT).
The IIoT is one type of the internet of things (IoT) that refers specifically to technologies used in industrial activities. It has gained huge interest among many manufacturers. It enables them to accomplish various goals by making informed decisions based on real-time data.
The IIoT is crucial for the digital transformation of the manufacturing industry. It presents many exciting opportunities due to the fact that it’s a combination of technologies. It allows us to use relevant information, ensure remote real-time monitoring and predictive maintenance, optimize resources and more.
Many companies have already started implementing IIoT knowing that digitization can lead to long-term benefits. What’s your approach?
Artificial Intelligence (AI) has been evolving for years. It is a constant field of research that is attracting a lot of interest. AI will still be a hot topic in 2022, with digitization spreading wider and further. This technology will only rise in popularity as it paves the way for higher-quality production.
Using AI facilitates the process of data analysis. For us humans, analyzing a large amount of data while keeping the hundreds of variables in mind presents a major difficulty. Whereas the implementation of AI algorithms helps take various conditions such as consumer behavior and macroeconomic factors into consideration. This, in turn, helps manufacturers estimate market demands precisely. As a result, they can make decisions that lead to the reduction of operational costs. AI technologies also offer impeccable quality control over the entire manufacturing process, making it even more handy.
Many manufacturers are currently experimenting with AI, trying to find the areas where it can be the most rewarding. According to a survey conducted by MIT, the implementation of AI solutions will continue to grow, encompassing different business processes. So if you are not implementing it yet, it’s high time to give it a thought.
Augmented and Virtual Realities
Other technologies that remain popular are augmented reality (AR) and virtual reality (VR). They have only gotten better and more sophisticated with time and they’re now vastly used as manufacturing technologies.
The use of AR technology in manufacturing presents a priceless possibility for manufacturers to save time and money. It’s used to identify changes in different machinery, measure safety levels for the workers and make a product design process easier.
By simplifying the creation of realistic products, AR technology gives manufacturers a chance to mark fallacies and make the necessary modifications before production. This speeds up the whole production process.
Another advantage of these technologies is that they’re super assistive. This is especially important in our world today. With remote work still being relevant, VR-enabled devices help solve the issues without raising the need for human presence. Technicians can even use this technology to provide guidance in the repair and maintenance processes.
During the lockdown, some manufacturers used this technology in the product design process to avoid putting production on halt. You can make use of this technology and examine your new model at length even if there’s no force majeure or any other exceptional situations.
All in all, if the safety of your employees and customers is one of your priorities, we encourage you to incorporate these technologies in your production process.
3D printing is one of the inventive and modern business technologies that spread like wildfire when introduced to the manufacturing industry. Providing an opportunity to simplify some processes crucial for manufacturing, it’s still quite popular.
As for its advantages, they’re numerous. It’s worth mentioning that it’s easier to make alterations in the production line setup for 3D printing. This technology allows you to make different improvements to machinery and even change a product instantly. This can increase your chances of staying competitive in the market.
Another benefit that 3D printing offers is risk reduction. Manufacturers get the chance to test new products while finding and eliminating errors before it enters the production process.
3D printing is only gaining more popularity with time compared to traditional manufacturing. If you’re thinking of manufacturing a certain product in limited quantities, think of implementing this real time saver.
Big Data Analytics
There isn’t a field that doesn’t rely on data analysis. Manufacturing is no exception.
Data surge is clear in the manufacturing industry, which explains why big data analytics has become trendy.
With such handy tools, like those of big data analytics, manufacturers can uncover and analyze the latest information and have a positive impact on production. It can also help manufacturers reveal the failing or sub-par processes and generate alternative plans to discuss potential obstacles and remedies.
Given the opportunity to comprehend the accumulated data, manufacturers can identify highly-productive and low-performance cases. Thus, you can follow a data-driven approach and help lower operating costs and improve asset performance.
Our present-day reality requires that industries implement new and innovative technologies. Yet, to improve your productivity and be competitive in the market, you should know what technologies are trending and how they can help you achieve your goals.
Consider incorporating the manufacturing technologies we’ve tackled in this article. Some will help you increase efficiency and improve connections with suppliers and even customers. Others can lead to better resource management and even expand your list of production items.