Technology has the potential to make a significant difference in the manufacturing sector. It can increase productivity, make the production process more efficient and change the way products are distributed. Some companies are already making significant changes in the way that they use technology, and this may point to the way things will be in the future.
Analysing Big Data
It is estimated that over half of manufacturing companies are now analysing big data to assess their performance in certain areas. This helps to make them more competitive as they use this data to find ways to operate more efficiently.
When IT is used on a regular basis, it may be necessary to ensure that all of your systems are as well protected as they can be. Up to ten percent of companies have not made any attempts to upgrade their security recently and this could pose a real threat to their business.
Significant investments have already been made in IT systems by many companies. Investment needs to be made as soon as possible so that companies do not find that they have too much to catch up on. If competitors are already making investments, then it will give them the edge.
Internet Of Things
The Internet of things refers to the ability of objects to send information to other objects without the need for any human intervention. Although this is technology that is still very much in the early stages, the potential has certainly been seen by many manufacturing companies.
Assertiveness From Non-US Companies
Companies that are based in the US are not leveraging technology in the same ways that overseas companies are. It could mean that US companies are in danger of being left behind if they do not start to adapt some of these methods soon.