Manufacturing is undergoing a digital transformation, the use of technological advancements to improve business processes, driven by smart technology and machine learning. Digitalization is a revolutionary roadmap that moves businesses to adopt a fresh model and new strategies. The global impact is rapidly changing the way of manufacturing. Also, Industry 4.0 is revamping the business processes and has become a reality in the manufacturing industry, specifically after the pandemic.
A significant increase in technological advancements such as IoT, 5G, Cloud computing, AI, and Machine Learning leads manufacturing companies to adopt the way of new working initiatives. While some companies have been adopting new technologies for smart manufacturing, many of them are still wondering if it is the right time to move to a new way of manufacturing.
CEB research and Frost & Sullivan's Global Digital Transformations study show that 87% of senior business leaders now mention digitalization as a priority for their company and 66% fear failure to digitize will jeopardize their competitive position.
Past revolutions teach us to accept the change and not be left behind when the technologies advance. It is convenient to say that it is about time the manufacturing industry goes digital. Still, bringing major changes to any industry requires a significant amount of ideas and resources. So, it is crucial to make a roadmap and go step by step to avoid the negative effects of production. That's what digitalization does. So how is digitalization transforming the manufacturing processes?
Digitalization for Manufacturing Industry
Here are the benefits of digitalization that would transform manufacturing industries:
Using digital solutions instead of traditional manual processes will help improve manufacturing operations, facilitate monitoring performance, and test new ideas before putting them into action. Production is more efficient as a result of digitalization, allowing firms to better analyze all production processes identifying root causes and anomalies.
Reducing Operating Costs
Manufacturing industries becomes more agile in their operations management. Real-time analysis in production that comes with digitalization allows you to improve your understanding of issues including root causes, anomalies, bottlenecks and cycle time of the production process. This will aid in decision-making and improvements in the manufacturing line, while reducing possible production error risks and costs at the production station.
Data Visibility and Usage
Digitization in manufacturing enables operators to gain insights into important information such as assembly line efficiencies, big data analysis, productivity increases, and more. An advanced solution such as Khenda Analyze moves the needle on data analysis, brings high visibility to the production and offers real-time awareness. Its detailed, real-time graphics-based reports help firms to make, easy, quicker, data-backed decisions for manufacturing lines.
Do You Want to Move to a Better Way of Working?
Digitization makes production process more efficient, productive by solving industry-related problems. And, it opens the door for manufacturing innovation. As a manufacturing company, you can try our AI-powered video analytics solutions that can help you to transform your production processes. As Khenda we help you to increase their safety, efficiency, and quality by digitalizing your manufacturing processes.
Today, 75% of manufacturing companies agree that digitalization will help to leverage their competitive position. Khenda solutions are the top choice of companies as it addresses and resolves manufacturing industry-specific challenges.
Do you want to see it in action? If you are planning to implement our award-winning solutions to your manufacturing plants Khenda can help take the first step.
Schedule a meeting with us today!