According to PwC, out of 2,000 manufacturers they studied, 86% expect to see cost reductions and revenue gains from their digitization efforts over the next five years. Smart manufacturing in electronics, akin to Industry 4.0, is a key digitalization strategy that helps companies achieve economic sustainability and is gaining ground as a way of addressing this rapidly changing landscape. The digitalization platform for electronics is all about increasing throughput, uptime, and performance while reducing overhead costs, operating costs, and capital costs.
Organizational growth is optimized with the use of using flexible manufacturing and new technologies, enabling seamless, personalized, and custom electronic product manufacturing.
Understanding how and where to implement smart manufacturing in your manufacturing environment can be a daunting prospect. By using data and analytics, manufacturers can diagnose the obstacles limiting productivity and causing failures. When you have the data at your fingertips in real-time, the right people can make the right decisions to boost productivity and keep costs down. This provides new capabilities and business models that allow your business to grow.
Please join us while we take a deeper dive into some of the new and fascinating technological advances that are transforming the electronics industry.
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