TRANSFORMING THE MANUFACTURING INDUSTRY WITH INDUSTRY X
a business ’ s way of thinking , fuelling their entire strategic vision both for now and for the future so that the technologies they implement collectively ladder up to their objectives .
“ In that sense , Industry X is much more all-encompassing than Industry 4.0 . It ’ s about what ’ s coming next , ensuring that every single aspect of the product and manufacturing cycle is future-focused – whether that ’ s a future we can prepare for or must pivot to .”
TRANSFORMING THE MANUFACTURING INDUSTRY WITH INDUSTRY X
When asked how the manufacturing industry will transform as the adoption of Industry X takes hold worldwide , Walker details that by embedding intelligence into all stages of the manufacturing and product lifecycle , machines , workers and networks become connected , generating data that can be shared and collectively interrogated in real-time . “ It ’ s this intelligence that will transform the manufacturing sector across multiple fronts , whether that ’ s resilience , sustainable credentials , rate of innovation , or productivity .”
Giving an example of this kind of innovation in a product development environment , Walker adds that “ By applying data-driven insights to the conception of the product , its relevance to key audiences will be far greater , ultimately resulting in higher sales . In the manufacturing process , these insights can ensure the factory is set up to best effect , whilst adjusting processes accordingly in real-time to result in maximum productivity and minimum costs for R & D and service operations . This also enables products to be released to the market faster so that they ’ re always ahead of the curve with the latest capabilities . And by streamlining the path to delivery , organisations can then move on to creating and delivering the next product , meaning they ’ re always the frontrunners for product innovation .”
29 manufacturingglobal . com