Top 5 Technologies That Will Dominate Future Manufacturing
We are in the Fourth Industrial Revolution (Industry 4.0) and the manufacturing industry is revolutionizing than ever before. Manufacturers are achieving the capabilities they are only dreamed of 10 years back. With the help of Information Technology, Automation, the Internet and more. As a result, manufacturers are benefiting increased productivity, cost-effectiveness and faster production time.
The only way to thrive and move ahead of the competition is by achieving the capabilities of industry 4.0.
Let’s find out the Trends & Techniques that will Dominate manufacturing in the coming years.
1. IoT the Big Thing
Internet of Things (IoT) is having an enormous impact on manufacturing facilities. Offering exciting new opportunities to connect operations and transforming the business processes.
IoT consists of three factors- the Internet, small sensors and cloud computing. which entails the interconnection of unique devices within an existing Internet infrastructure. Achieving a variety of goals including
- Cost reduction
- Increased efficiency,
- Improved safety
- Meeting compliance requirements
- The interconnection between departments and product innovation.
The majority of the manufacturers believe applying IoT to its manufacturing will benefit them in the coming years.
2. BlockChain
BlockChain creates a universal data structure that carries all the information from a business. It compiles data, organizes information into an easy-to-read format that allows manufacturers to make improvements across the business.
- Can operate your business more efficiently
- Gives more visibility and control over inventory
- Reduction of operational costs
- Improved customer satisfaction and retention.
3. 3D Printingere
Manufacturers are enjoying faster, less expensive production as a result of 3D printing. It makes a cost-effective way for product designers to test and troubleshoot products by prototyping their models. Also, it enables manufacturers to produce items on demand instead of having to manufacture and warehouse the product.
3D printing is already showing its presence in the industry By
- Reducing wastefulness of materials
- Increasing accuracy in production
- Cost-effective
- Time-saving
- Allowing full customization of products
4. Predictive Maintenance
A sudden breakdown of critical equipment and machines are costly for manufacturers in terms of both repair and downtime in manufacturing. This is where predictive manufacturing is helping manufacturers. It monitors equipment and machines using their performance. With the help of IoT, engineers can predict and understand how the system works and when they will fail. This helps manufacturers to save their time and money for sudden breakdowns.
5. VR and AR - Partnerships Between Man and Machine
Augmented reality (AR) & Virtual reality (VR) creates mutual partnerships between man and machine. That positively impact manufacturers. VR is seamlessly integrated with Computer-Aided Design. Making product engineers to modify and add changes to the product in real-time before the product gets manufactured. AR and VR reduce inspection time and prevents future manufacturing defects. With the help of cameras and sensors, engineers can show how the work needs to be done in real-time without investing in production.
Conclusion
We all know that technology is revolutionizing entire industries. As technology grows businesses will adapt and enhance their business. As we find new possibilities, there comes new problems and challenges. it’s a never-ending journey. To cover this topic a single blog post won’t be enough. So we will discuss more on this later.
