Magazine : 
5 Factory Trends Of 2020
Undoubtedly, manufacturing has cemented its position as one of the most crucial industries across the globe. As a result, there is fierce competition in the market, and producers are eager to come up with new techniques, in order to stand out in a large crowd. So if any industry wants to envision a brighter future, it is imperative to evaluate the industry trends of every year. Although technology transformed this industry many years back, every year brings new trends to acquaint ourselves with and gain from. Not to forget, the manufacturing world is dominated by uncertainty, so every company needs to obtain smart techniques to continue production. Here we guide you through the top factory trends of 2020:
1. Machine Learning
Although machine learning is mainstream, a lot of companies have not jumped on the bandwagon to incorporate it into their business. Machine learning is the use of artificial intelligence to improve productivity and efficiency of work. The ethos behind using machine learning is that it can create computer programs valuable for learning data themselves. If a company wants to reduce their labor force, they can easily do this by using artificial intelligence. Not only will it issue instructions to the robotics, but it will also identify loopholes in their current system. Companies that have incorporated machine learning into their work processes are having a significant moment right now.
Wearable Technology
A few years ago, the internet of things was an underrated concept. But as the world evolved and technology progressed, the current skyrocketing demand for IoT has compelled the need for wearable tech in the manufacturing sector. Today, regardless of the industry, manufacturers are looking for wearable devices that can assist the workforce in completing tasks on time. According to a recent survey, the use of wearable devices in the workforce enables companies to better monitor their productivity at work. This way, managers don’t need to hover over their staff members all the time. Visit SBL to learn more.
3. Virtual Reality
Whenever we discuss using virtual reality in the manufacturing sector, results are never ending. Whether it comes to identifying prospective problems in the workflow or forecasting the future demand for a product, virtual reality certainly has a strong role to play in the coming years ahead. Currently, it is being used by several companies around the globe who are able to save on their budget and devote it elsewhere for the betterment of the business. The fascinating thing to note about virtual reality is that it allows its users to advance towards the future while also interacting with it.
4. Distributed Manufacturing
Although it is just a technique, distributed manufacturing has a substantial impact on the production sector. It is expected that this technique is set to be acknowledged as the hottest factory trend of this year. There are several benefits of distributed manufacturing, such as lower freight costs, increased responsiveness, less time, and reasonable lead times. However, it is challenging for a firm to coordinate with several locations at the same time. Distributed manufacturing appeals to firms because it can help them devote time to important tasks.
5. CyberSecurity
One cannot overlook the incredible benefits of cybersecurity for a manufacturing company today. More integrated devices are being installed in systems to improve data security. As the manufacturing sector becomes more competitive, the need to enhance the security of company information has gained paramount importance. This means companies need to go the extra mile. They will be much safer when putting concrete data on the web. Cybersecurity has already been implemented in many companies across the globe and is being adopted in several industries.
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