4TH ANNUAL MANUFACTURING EXCELLENCE CONFERENCE
Analysing the impact of industry 4.0
MARCUS E VA NS TA K E S great pride in organising one of our flagship events, the 4th Annual Manufacturing Excellence large scale event from July 30 to August 2, 2019. Manufacturing is entering a dynamic new phase. By 2025, a new global consuming class will have emerged, and the majority of consumption will take place in developing economies. This will create rich new market opportunities.
Meanwhile, in established markets, demand is fragmenting as customers ask for greater variation and more types of after-sales service. A rich pipeline of innovations in materials and processes from nanomaterials to 3D printing to advanced robotics also promises to create fresh demand and drive further productivity gains across manufacturing industries and geographies.
Industry 4.0 is expected to accelerate over the next two to three years transforming manufacturing processes on the way. Industry
4.0 will make supply chains and production processes more interconnected, efficient and flexible, allowing mass-customisation and virtual production.
The digital transformation of manufacturing, ongoing convergence of IT (Information Technology) and OT (Operations Technology) and the usage of IoT (Internet of Things), in combination with other technologies, are changing the face of the manufacturing technology landscape and the face of manufacturing itself (processes, people, work, business models and so forth).
Manufacturing earnings and exports are stimulating economic prosperity causing nations to increase their focus on developing advanced manufacturing capabilities by investing in hi-tech infrastructure and education.
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