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Nanotechnology is a potential technology, and the first generation of it entails manipulation of matter on molecular, atomic, and supramolecular scales.
FREMONT, CA: Manufacturing technology is progressing rapidly. It is not what it used to be decades ago. The present-day automated and software-driven industries have concentrated human intervention in pressing only a few buttons in several cases. The application of advanced technologies in manufacturing like cloud computing, nanotechnology, the Internet of Things (IoT) is changing the face of production like never before. Furthermore to cut the costs, the technologies create precision, speed, efficiency, and flexibility for the manufacturing companies.
Below is a list of innovative technologies that are driving growth in the manufacturing sector.
One of the relevant news in the manufacturing technology area in the last few years is the propagation and application of 3D printing technology. The process has caught the attention of the general public and manufacturing community like nothing since the invention of the internet and the personal computer. Within a span of time, technology has evolved so much that it is now possible to manufacture almost any component using plastic, metal, and even human tissue. The progression has forced designers and engineers to think differently when thinking about product development. As more manufacturers adopt the use of 3D printing tool, it will undoubtedly change the face of manufacturing.
Nanotechnology is a potential technology, and the first generation of it entails manipulation of matter on molecular, atomic, and supramolecular scales. The tool additionally brings with it super-precision manufacturing property. Currently, the field is applied mostly in biotechnology and space industry and will play a vital role in every manufacturing industry in the future. In most ways, it has already changed the world. Some examples of application in nanotechnology include:
• Faster computer processing.
• Nanotechnology can assist in the size reduction of memory cards to have more memory space.
• Clothes that last longer and keep people wearing it cool in the summer.
• Bandages that heal wounds sooner.
• The technology helps in the production of bowling and tennis balls that last longer.
Additionally, in the future, there will be nanobots that can carry drugs to specific tissues in the body.
The Internet of Things (IoT)
The Internet of Things (IoT) is an innovative system that connects electronic tools within an existing internet infrastructure to communicate with one another without human intervention. An IoT device connects to the net and is capable of generating and receiving signals. Furthermore, the use of technology will have a profound impact on the manufacturing industry, enabling connected devices to talk to each other, sending and receiving relevant notifications. An illustration of a crucial notification is damaged or defected ping. Upon detecting a failure, the IoT connected device sends a notice to another device or a user. The type of small, but significant application of IoT in manufacturing results in concentrated downtime, reduced waste, increased quality, and fewer costs.
Cloud computing refers to the practice of using an arrangement of internet-connected remote services along various points to store, run, and process the data. Most companies are using cloud computing even though the industry is taking time to warm up to the technology due to the security and connectivity concerns. Over time, to the existing day, cloud computing grows more durable and reliable. Manufacturers are increasingly employing cloud computing software in manufacturing plants spread out in different geographic areas to share data quickly and competently. In implementing the process, makers gain greater quality control, reduce costs, and increase the speed of production. For all manufacturing facilities, it is feasible to have a connection to the cloud.
Shifting the Focus From B2B to B2B2C
Many manufacturers who conventionally had a B2B business model are changing to a B2B2C (business-to-business-to-consumer) approach due to the numerous benefits. The benefits involved in selling directly to consumers include:
1. Increased Profit: One will get the full Manufacturer’s Suggested Retail Price (MSRP) rather than the wholesale prices for the products.
2. Faster Time to Market: Manufacturers can prototype, analyze, and get products to market swiftly instead of competing with the lengthy conventional retail sales cycle. The cycle requires locked-down product expansion far ahead of order and delivery. Furthermore, agility gives makers a competitive edge.
3. Brand Control: Producers can own their brand; it will not be diluted or distorted by third parties.
4. Price Control: Producers can reinforce their MSRP.
5. Better Customer Data: The selling of direct data to customers allows one to gather information about them, which ultimately results in stronger relationships, better products, and increased sales.
Predictive Maintenance Technology and Big Data
The manufacturing industry can significantly increase its efficiency and productivity with the technologies that allow it to gather, process, and measure big data in real-time. The tools comprise electronic equipment that connect industrial units through the internet and web sheets that double as dashboards for controlling the processes. Predictive maintenance technology helps foresee defects and snags, along with cutting cost and downtime. In the future, businesses will employ big data and predictive maintenance technologies in all areas of manufacturing.
Advanced tools have been the driving force behind the development of the manufacturing industries, and they will have a more significant role to play in the times ahead. As new technologies appear, manufacturers will adopt them, or they will be forced to select them to survive. On their part, the tools will change the industries beyond recognition. For instance, 3D printing is already transforming the way most producers design and manufacture their products.