Manufacturers Embrace Tech for Quick Returns
As the manufacturing landscape evolves, tech companies are actively introducing innovative systems aimed at increasing productivity, reducing costs, and enhancing profitability. However, a significant challenge remains: many of these new technologies take years to yield returns, or may never prove profitable.
On December 12, during a live conversation, Dennis Scimeca, Senior Technology Editor at IndustryWeek, posed a critical question to analysts regarding which systems deliver fast results, particularly for smaller manufacturers with limited time and resources.
Key Technologies in Focus
Among the technologies identified for potential rapid returns are connected-worker systems. These systems leverage existing employee devices, like smartphones and low-cost tablets, to streamline manual data entry and improve the precision of information collected. By providing frontline workers with essential instructions and data, these systems enhance overall efficiency in completing tasks.
Another emerging technology is artificial intelligence (AI). Having gained significant attention in 2024, AI is poised to make notable impacts on factory operations. By executing specific, narrow tasks, AI can eliminate laborious data-entry processes, effectively streamlining manufacturing operations.
Expert Insights
During the discussion, Scimeca was joined by:
- Paul Miller, VP and Principal Analyst at Forrester Research, specializing in Smart Manufacturing & Future Mobility.
- Ryan Martin, Senior Research Director for Digital Transformation at ABI Research.
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- AI in Manufacturing
- Connected Worker