Why Walk When You Can Race Along the Reliability Highway?
Every year, Fortune Global 500 manufacturers lose a staggering $864 billion to unplanned downtime.
As the emerging capabilities and benefits of Industry4.0 redefine the global manufacturing landscape, we are witnessing a growing focus on the impact of such unpredictability in factory operations. While manufacturing smart products continues to define the industry trends, there is a realization that smart manufacturing is the need of the hour.
When global industries revitalize their factory operations with smart manufacturing to future-ready, we could expect a more robust bottom-line, and improved fundamentals that would enable businesses to leverage new technologies for driving the smart product ecosystem. Embracing lean, data-driven methodologies, backed by cutting-edge engineering solutions would play a key role here.
The resultant transition from a reactive to a proactive approach will, therefore, not only define the future of manufacturing operations, but also drive the growth of the XaaS paradigm.
Find out more.