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OpenText™ "Manufacturing 4.0? Industry 4.0? It is all digital manufacturing to me"
I recently attended the Manufacturers Leadership Summit hosted by Frost & Sullivan in LA. This three-day event was full of presentations, case studies and discussions on the journey to Manufacturing 4.0. I thought I’d share a few pointers from the show on how leading enterprises are finding success through digital manufacturing.
The Manufacturing Leadership Summit is the flagship event of Frost & Sullivan’s Manufacturers Leadership Council, a community of manufacturing CxOs who work together to identify and collaborate on critical issues and challenges facing their businesses.
The summit was a great opportunity to mix with leading executives and this year all the talk was about Manufacturing 4.0.
Whatever term you use – Manufacturing 4.0, Industry 4.0, connected or digital manufacturing – you’re essentially describing the use of digital technologies to transform your operations and customer experience.
Reaping the benefits of digital manufacturing
This year demonstrated just how far we’ve move towards realizing the benefits of digital manufacturing. Excellent presentations examined how digital technologies are transforming every part of a manufacturer’s business. The Digital Manufacturing and Design Innovation Institute (DMDII) came up with the pithy phrase ‘make every part better than the last’ which neatly summed up the goal of attendees as they discussed key issues, including:
- The disruptive technologies that are shaping digital manufacturing, such as cybersecurity, Blockchain and AI
- The latest trends in smart manufacturing
- The skills and culture needed to achieve digital transformation in manufacturing
- The role of communication and collaboration in Manufacturing 4.0 success
- The transition from asset-driven to service-oriented production
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