SEPTEMBER 20196 MANUFACTURING TECHNOLOGY INSIGHTSIn today's interconnected world, where consumer experiences and new technologies take center stage in the industrial manufacturing business landscape, organizations are racing to implement innovative digital solutions to provide more value. As this digitization continues to impact the way manufacturing companies operate, smart factories are fast becoming the norm with critical technologies digitizing and automating the entire operations, production, and supply chain.The modern factories are demanding new tools that can allow them to create and test situations in the virtual world, to simulate the design process and the assembly line before an actual product is created. Simulating the product-creation phase helps smart factories to cut down on manufacturing time and ensure that the manufacturing process delivers what they set out to create. Smart factory environments are also driving advancements in cloud computing, robotics, virtual reality, and smart sensors among others. With smart sensors embedded in machine components, manufacturing units now have a complete visibility on not just the operations of those components but also on the factors such as their durability and life cycle. Moreover, the usage of smart sensors is further complemented by the implementation of the IoT functionality to track and analyze production quotas, consolidate control rooms, and create models of predictive maintenance.From a collaboration point of view, smart factories today are harnessing the power of augmented reality solutions for remote assistance, where they are allowing experts from different locations around the world to connect in a live view and troubleshoot issues and complexities together. Data from augmented and virtual reality devices, coupled with customer feedback features, is set to have a significant impact on research and development. The innovative R&D efforts will enable companies to provide consumers with more of what they want, getting it to them faster, and cutting down on costs--a holistic system that ultimately drives innovation.This edition brings you some of the most prominent players operating in the smart factory landscape that have excelled with their services and are instrumental in driving the aforementioned trends to the mainstream.Let us know your thoughts!Future Drivers of Innovation EditorialCopyright © 2019 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 September - 09 - 2019, Vol 05 - Issue 15 (ISSN 2644-2493) Published by ValleyMedia, Inc. To subscribe to Manufacturing Technology InsightsVisit www.manufacturingtechnologyinsights.com Editor-in-ChiefLaura DavisEditorial StaffSalesVisualizerJaxon JaseRichard Watsonrichard@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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