NOVEMBER 20206 MANUFACTURING TECHNOLOGY INSIGHTSWith the development of advanced technologies such as Cyber-Physical Systems, Internet of Things, Industrial Internet of Things (IoT), Artificial Intelligence, Big Data, Cloud Computing, and many more manufacturing enterprises are transforming to intelligent enterprises. Smart manufacturing systems (SMSs) have become the focus of some countries and manufacturing enterprises' attention. Europe being one of the world's largest, has launched dedicated smart factory initiatives to boost its manufacturing sector. In essence, other manufacturing leaders across the globe are engaged in a competition, expecting that all manufacturing types have something to gain from the 4th industrial revolution and the IoT.For instance, discrete manufacturing is the production of distinct items that can be individually touched and counted and are typically associated with assembly lines. This includes items such as cars, furniture, and aero planes that are increasingly connected. Smart processes will play a prominent role in balancing supply and demand, improving product design, optimizing manufacturing efficiency, and significantly reducing waste. What is now essential is the creativity and ability to cleverly combine these new technologies, introducing adaptability, connectivity and transparency to the processes. That's the right way for future-proof success in today's rapidly evolving world. Because Industry 4.0 is so much more than just cool tech gadgets and a bunch of buzzwords.By building robust products, adopting a global outlook, and better software infrastructure, businesses can internationalize rapidly regardless of their size. Manufacturing Technology Insights is presenting a special edition on Smart Factories. We hope this edition will add value to your business strategies and long-term goals.Let us know your thoughts!Smart Factories: The Next Act!EditorialCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Contact Us:Phone:510.936.8381Fax:510-894.8405Email:sales@manufacturingtechnologyinsights.comeditor@manufacturingtechnologyinsights.commarketing@manufacturingtechnologyinsights.com November - 03 - 2020, Vol 06 - Issue 35 (ISSN 2644-2493) Published by ValleyMedia, Inc. To subscribe to Manufacturing Technology InsightsVisit www.manufacturingtechnologyinsights.com Editor-in-ChiefLaura DavisEditorial StaffSalesVisualizerChris LynnAnnie Mathewsannie@manufacturingtechnologyinsights.comAva Gracia Peter ThomasRose DcruzAaron PaulTECHNOLOGY INSIGHTSTECHNOLOGY INSIGHTSLaura DavisEditor-in-ChiefManufacturing Technology InsightsWrite to useditor@manufacturingtechnologyinsights.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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