The manufacturing sector is moving into a transformative era, characterized by modest growth, a transformed emphasis on product and process innovation, and remarkable collaboration across the value chain. However, while the volatility of global economic developments creates new challenges on a daily basis, manufacturers have built frameworks and strategies to advance clearness and reduce risks across both the supply chain and the global enterprise.
Notably, technology continually blends in new iterations and technologies to create exciting new opportunities for today’s manufacturers to rethink their operations. In some cases, new technologies are opening the door for revolutionary manufacturers to introduce their own truly innovative products. Strengthened by the technological advancements in the areas of IoT, big data, artificial intelligence (AI), and AR/VR innovations, organizations today are empowered to bring in a novel frontier in manufacturing.
It’s no more a secret that the Fourth Industrial Revolution will revolutionize the industry for years to come. This cyber-physical evolution is changing the way manufacturers make things, serve customers, run their plants, and do business.
Further, manufacturing solutions providers continue to advance competitive cost configurations as they align their business models with changing market dynamics. They are ramping up their engineering efforts to advance their products and to build themselves. As a result, their business models fluctuate, with value-added services gaining a more substantial source of revenue, and nearshoring returning other profits.
In order to help manufacturing companies who struggle in this space, CIO Applications brings forth a comprehensive list of the leading solution providers. This listing provides an holistic view of how the technology solutions in this domain can deliver optimization to the manufacturing operations.
We present to you “Top 10 Manufacturing Tech Solution Providers - 2020.”