Digitalisation has cut a swathe across almost every industry, and manufacturing is no exception. Already a leader in implementing Internet of Things (IoT) and analytics programmes, manufacturers appear to recognise the opportunities that the digital economy can bring. That’s just as well, considering the changes the manufacturing industry faces.
The rise of concepts such as the ‘industrial internet’ and ‘Industry 4.0’ are driving the need for innovation; while changing consumer expectation is influencing the entire supply chain, directly impacting manufacturers. Meanwhile, decision makers within manufacturers often have varying expectations as to digitalisation’s benefits, making it difficult to determine if their organisations are taking the right approach.
