Start driving decisions with machine data.
Categories:

    Manufacturing Business Technology reported, "With application user interfaces that can be configured to their needs and speed of deployment, these cloud solutions are in many manufacturers’ plans for 2018 as they seek it to accelerate their expansion while increasing profitability. In 2018, there are ten key ways cloud computing will drive manufacturing growth."

    Cloud computing in manufactuirng assists with maintaining great product quality and improving cycle time. It gives you visibility with your machines, boosting your OEE.

    Click the link for more information about cloud computing in manufacturing industry.

    Recommended Read 10 Ways Cloud Computing Will Drive Manufacturing Growth In 2018Source: http://www.mbtmag.com

    The potential of manufacturing to continually reinvent, revitalize and strengthen is evident in the growth happening, from the largest production centers to the smallest, busiest shop floors. In fact, manufacturers’ global spending on cloud computing platforms is predicted to reach $4.2B this year attaining a 23 percent growth rate in 2018, reaching $5.18B next year according to IDC. And global spending on Cloud Enterprise Resource Planning (ERP) software is predicted to increase from $19.1B in 2017 to $28.8B in 2028, attaining a Compound Annual Growth Rate (CAGR) of 7 percent according to Statista. Driving the demand for cloud computing is the need to bring more speed, scale and accuracy to manufacturing firms’ operations. Several of the manufacturers I’ve spoken with have better backlogs than they’ve had in years. The challenge is keeping up. At the same time, CEOs and senior management teams at these companies are in unanimous agreement that strategies aimed at speeding up time-to-market, improving product quality, and listening to customers are paying off. Read More

    Comments

    Leave a comment

    Subscribe to our mailing list

    Related posts

    How is AI actually used in manufacturing?

    How is AI actually used in manufacturing?

    With so many buzzwords, sometimes it's hard to understand how all this new technology is actually being used.  Consultancy has some examples of companies using AI! One great way this technology can be...

    Industry 4.0
    Top reasons machine learning is a game changer

    Top reasons machine learning is a game changer

    Machine learning is really changing the way industrial production is done.  The ability to have a high level of insight into machines on a production floor can increase efficiency, decrease costs, and...

    Industry 4.0
    Is IoT living up to the hype?

    Is IoT living up to the hype?

    Is IoT living up to the hype? Yes, if you do your research.  The hype of Industry 4.0 is leading some businesses to believe that they need a massive technology overhaul which isn't always the case! In...

    Industry 4.0
    Industry 4.0 - visibility, connectivity, and progress

    Industry 4.0 - visibility, connectivity, and progress

    What does industry 4.0 mean, and what does it mean for you? The Fabricator said, "First, let’s back up. Industry 4.0 is just a term. Yes, it does refer to the fourth industrial revolution. The first w...

    Industry 4.0
    Digital transformation is shaping the future

    Digital transformation is shaping the future

    What is coming in the future of manufacturing? Even more connected technology. Sage said, "You can look ahead to a factory of the future – connecting information so intelligent machines can collaborat...

    Industry 4.0
    What industry 4.0 means for networks

    What industry 4.0 means for networks

    The rise of industry 4.0 is revealing a lot of networks that need some help.  Network World reported, "The researchers say a smarter, unique, and organic infrastructure needs to be developed for the I...

    Industry 4.0
    Is it time to go for 5G?

    Is it time to go for 5G?

    5G technology has been advancing, but is it right for your business?  Machine Design says, "Manufacturers need to be prepared to invest in infrastructure upgrades, and early adopters will face the tec...

    Industry 4.0
    People and manufacturing technology

    People and manufacturing technology

    As the manufacturing industry changes, many people are wondering where they will fit into the future.  TB Tech said that while the possibility is far off, "The possibility of a workless and worker-les...

    Industry 4.0
    What is Industry 4.0 anyway?

    What is Industry 4.0 anyway?

    What is Industry 4.0? Honestly if you're still asking this question you're a bit behind, but that's OK! Spotlight Metal said it is, "The fusion of digitalization with traditional industrial processes....

    Industry 4.0
    How IoT could help traffic

    How IoT could help traffic

    IoT is being used across many industries and topics, potentially including roads.  Spectrum said IoT, "Could allow smart cars and trucks to exchange information with other vehicles, traffic-management...

    Industry 4.0