In industries, enormous amounts of data are generated and used during the design, manufacturing and use of the product. It is reasonable to assume that Information Technology can enable substantial improvements in the operation, organization, and effectiveness of information sensitive manufacturing processes. Equipment, stations, the network of suppliers, partners and customers can be located throughout the world can be more effectively connected and integrated through the use of information technology.
Information Technology can provide the tools to help enterprises achieve goals widely regarded as critical to the future of manufacturing.
- It enables faster implementation of new concepts in products
- Faster delivery of products to customers
- It enables better interactions with customers
- Better utilization of capital and human resources.
- Helps in streamlining of operations to focus on essential business needs
- Helps in the elimination of unnecessary and redundant or wasteful activities.
Information Technology enables industries to exploit the full potential of their resources and technology such as robotics will allow manufacturers to achieve new levels of precision, productivity and safety that are impossible to achieve with humans. The Industrial Internet of Things will also ensure that the processes are faster, better and more precise.
Information Technology will allow industries to monitor entire manufacturing processes, workflows, troubleshoot production issues and optimize performance to take informed decisions – even in real-time! Predictive analysis will be able to make predictions, forecast demands for products, trends in customer behavior and much more. Manufacturers will know when to produce products to maximize profits and even to predict which parts of the machinery needs to be replaced and pre-ordered in order to save costs and avoid downtimes.
Tech driven advancements are revolutionizing the processes in the industries and ensuring that these changes lead to increased output and higher quality at less expense!
