According to Info-Tech, companies should adopt Smart Manufacturing 5.0, which combines the innovations of Industry 4.0 with a focus on human-centric, resilient and sustainable practices.
Resilient supply chains are fundamental to our national security and economic prosperity. The pandemic-induced collapse of global supply chains has launched a national movement to strengthen domestic manufacturing.
LUFKIN, TX—Lockheed Martin’s electronics assembly plant here has adopted the IPC-CFX standard for its surface-mount production lines, enabling the defense contractor to turn the facility into a smart factory.
The Internet of Things (IoT) continues to evolve at a rapid pace. Businesses of all shapes and sizes, including manufacturers, are taking advantage of the technology's ability to network, collect, share and act on data from their operations and their customers.
OYSTER BAY, NY--According to a report by ABI Research, the total installed base of AI-enabled devices in the manufacturing sector will reach 15 million in 2024.
Factories of the future will feature advanced technology, such as additive manufacturing, artificial intelligence, augmented reality, data analytics and digital twins. While many manufacturers are still ramping up their Industry 4.0 initiatives, several assembly plants are already at the forefront. They are embracing the Fourth Industrial Revolution and reaping the benefits.
