Digital and Smart are Key to Manufacturing
Digital and Smart are Key to Manufacturing
From IIoT and AI to real-time simulations and cloud computing, digital technologies become a large part of the optimism surrounding manufacturing now and in the future.
With manufacturing contributing to about 15.2 percent of global gross domestic product (GDP), the sector remains an integral part of the global economy. And digital manufacturing and transformation—Industry 4.0—that seeks to enhance and optimize processes through smart factory technologies play a large part.
“Optimism is evident,” explained Michael Umbach, chief product officer at Revalize that recently surveyed about 500 CPQ, PLM, engineering modeling, and simulation software decision-makers in the United States and Germany. The confidence is clear not only by plans by manufacturers to increase headcount, but also that 91 percent of these organizations plan “to adopt new technologies, tools, or software in the next 12 months.”
Such forward-looking projects show “a strong commitment to growth and innovation, which is essential to stay competitive in the rapidly evolving manufacturing landscape,” Umbach concluded. “Smart Manufacturing 2025: Trends Shaping the Digital-First Era and Beyond,” reported that while manufacturing professionals expect that AI (28 percent), smart manufacturing (24 percent), and robotics (23 percent) will continue to have impacts on manufacturing, emerging technology that will have the greatest impacts are real-time simulations (45 percent) and cloud computing (42 percent).
“Optimism is evident,” explained Michael Umbach, chief product officer at Revalize that recently surveyed about 500 CPQ, PLM, engineering modeling, and simulation software decision-makers in the United States and Germany. The confidence is clear not only by plans by manufacturers to increase headcount, but also that 91 percent of these organizations plan “to adopt new technologies, tools, or software in the next 12 months.”
Such forward-looking projects show “a strong commitment to growth and innovation, which is essential to stay competitive in the rapidly evolving manufacturing landscape,” Umbach concluded. “Smart Manufacturing 2025: Trends Shaping the Digital-First Era and Beyond,” reported that while manufacturing professionals expect that AI (28 percent), smart manufacturing (24 percent), and robotics (23 percent) will continue to have impacts on manufacturing, emerging technology that will have the greatest impacts are real-time simulations (45 percent) and cloud computing (42 percent).
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