Appetite for smart manufacturing grows, but the market remains troubled and confused
The appetite for new digital technologies is growing among manufacturers, with certain brands in certain sectors in certain regions experiencing a considerable uplift in performance. But the take-up of smart manufacturing solutions remains tentative, as companies are unsure how to start with digital change projects.
This is the conclusion of a new editorial report from Enterprise IoT Insights, which considers the state of the smart-manufacturing market, including its great promise and its limited impact, and reviews a slew of use cases and disciplines – from automotive manufacturing, to gold mining, to sausage making.
The 36-page report, titled ‘Smart manufacturing: asset management, predictive maintenance, dynamic scheduling, and other use cases’, tells the story of smart manufacturing in four chapters. The first two examine the expectations surrounding the industrial ‘internet-of-things’ (IIoT) movement (‘The hype and the glory’), and its application in the manufacturing sector to date (’An alternative truth’).
The second two chapters consider practical advice for manufacturers starting down the road to digital transformation, by turns offering guidance about how to approach the technology (‘Use case modelling’) and how to fund and recover investments in digital change projects (‘Buying digital change’).
The report brings together interviews from across the industrial technology market, including from technology vendors ADLINK, Cisco, GE Digital, Hitachi Vantara, OSIsoft, PTC, Telia, Telit, and Verizon.
It also combines commentaries from ABI Research, Gartner, the Industrial Internet Consortium (IIC), the Information Technology and Innovation Foundation (ITIF), the Manufacturing Enterprise Solutions Association (MESA) International, and Strategy Analytics.
Besides, Enterprise IoT Insights presents case studies from a cross-section of manufacturing companies, including ABB, Arcellor Mittal, Aurelia Metals, Daikin, Deschutes, Hitachi, HIROTEC, Honda, Intel, Mitsubishi, Multi-Tech Systems, Schindler, SIG, Toyota, and Tyson.
To get a copy of the report, ‘Smart manufacturing: asset management, predictive maintenance, dynamic scheduling, and other use cases’, click here.