The ML Council’s latest Factories of the Future survey suggests that manufacturers are at the end of the first phase of their journey to Manufacturing 4.0, and are now taking concrete steps to deal with challenges and create lasting competitive advantage.
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The pandemic has spurred a paradigm shift in cultural transformation as manufacturing companies have leveraged M4.0 to accelerate digital adoption, collaboration, innovation, and integration across their enterprises, reveals the Manufacturing Leadership Council’s latest M4.0 Cultures survey.
The COVID pandemic has triggered a surge in M4.0 adoption across almost every function of manufacturing production that promises to rapidly transform the way factories are designed, operated, and managed in the next decade, reveals the MLC’s latest Factories of the Future survey.
Spurred by the need for agility and flexibility in a time of crisis, manufacturers appear determined to accelerate their investments in digital technologies.
As manufacturers prepare for an explosion of data over the next few years, they will need to learn fast and embrace new analytical technologies, internal structures, and corporate cultures to turn that data into meaningful business-changing predictive insights, according to a new MLC survey. But many struggle with organizing around the data opportunity and developing ROI models.
The COVID-19 pandemic has wreaked havoc on much of the industry so far this year, but manufacturers see a host of operational, supply chain, and cultural improvement opportunities emerging from the crisis.
As manufacturers prepare for an explosion of data over the next few years, they will need to learn fast and embrace new analytical technologies, internal structures, and corporate cultures to turn that data into meaningful business-changing predictive insights, according to a new MLC survey. But many struggle with organizing around the data opportunity and developing ROI models.
