Smart Manufacturing Technology News and Trends Business
We've got some great deals going on right now exclusively for our online customers... chat now to hear more! Verizon can help you embrace Industry 4.0 with transformational technologies— so you can differentiate the customer experience and start building the industry's next era. Between a changing market, new regulations, workforce shortages and increasing supply chain demands, manufacturers face a novel set of challenges. Technologies that transform manufacturing end to end, like the Industrial Internet of Things (IIoT) or automation, can help businesses accelerate smart factory initiatives and mitigate those challenges. Businesses that want to implement smart manufacturing solutions face cost burdens that could impact return on investment. But adopting modern tools can help unlock connected, reliable and predictive processes that empower operational efficiencies at scale and provide positive ROI. With the right combination of strategy and solutions, manufacturers can scale smart manufacturing use cases from isolated, in-house technology projects to full production lines or factories. Today's organizations need a holistic view of operations—and complete, accurate information. As supply chain challenges like rising demand, increasing costs for materials and freight, and carbon emissions mandates continue to unfold, manufacturers need digital tools to equip them with insights that lead to informed decision making. Central to a manufacturer's growth and success is the digital core that powers its factory floors. Businesses must transition to next-generation technology that digitally connects each part of the factory floor so they can improve flexibility, visibility and productivity while limiting unplanned downtime or costly warehouse inefficiencies. The manufacturing industry is pivoting to outpace rising numbers of cybersecurity threats. An expanding attack surface stemming from connected operational technology, informational technology and external networks means businesses need comprehensive digital protections that help safeguard inventory, facilities, property and data. New research estimates that the manufacturing skills gap could result in 2.1 million unfilled jobs by 2030,* hampering manufacturers' productivity. But preparing for the future of work by adopting transformative technologies could help businesses close the gaps and stay productive and innovative, despite shrinking workforces. See how other manufacturers use innovative Verizon technologies to accelerate smart manufacturing initiatives and transform the factory floor. Of manufacturing executives surveyed expect further increases in operational efficiency from investments in the Industrial Internet of Things (IIoT)Of surveyed organizations plan to enhance data integration for supply-and-demand visibility and planningOf manufacturing enterprises realize above-average business value from IT spending in digitizationIncrease in ransomware—a rise as big as the last five years combined Yesterday's cybersecurity tools often can't keep up with modern cyber threats. But new, evolving solutions use technology like robots, AI, IoT and the cloud to give manufacturers a connected cybersecurity suite that helps protect their end-to-end operations. Some manufacturers have found that a hybrid work model nurtures collaboration, improves business flexibility and empowers resiliency amid disruptions. With an agile workforce, manufacturers can react and pivot to workplace disruptions, mitigate challenges like staff shortages and keep production high no matter what. See how Verizon can help. As manufacturers begin to take advantage of more advanced technologies, they'll require the reliable low-latency, high-bandwidth connectivity that Verizon 5G Ultra Wideband helps provide. Businesses get the connectivity they need to bring together production, inventory management, supply chain and warehouse logistics. AI (artificial intelligence) and machine learning (ML) enable modern manufacturing processes. Not only do advanced technologies make digital twins and predictive maintenance possible, but they also help establish a highly automated, remotely managed and low-touch operations model, which can save time and enhance warehouse safety. Verizon Managed Network Services can help manufacturers determine the right cybersecurity and network resources to power and protect warehouses and supply chains. By outsourcing network management to Verizon, manufacturers' IT teams can spend less time optimizing networks and more time focused on progressing strategic business initiatives. Multi-access edge computing (MEC) stores and processes data at a network's edge, so business technology operates in near real time. The platform puts cloud computing capabilities at the edge of Verizon's 5G network, giving manufacturers an enhanced, low-latency infrastructure that supports even the most complex deployments. Choose your country to view contact details. Manage your account or get tools and information. These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. 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