New age technologies reshaping the future of manufacturing

摘要

New technologies on the horizon are fast changing the present manufacturing structure in efforts towards meeting challenges arising from global mega trends. Many of these technological advances are likely to rewrite the fundamental understanding of many businesses. The emergence of digital technologies is shaping the present business models in diverse and unexpected ways. 2015-2020 period will be a very crucial one for global manufacturing sector, which will need sophisticated equipment, complex data and software expertise backed by high-end technology systems to make manufacturing more elegant, smart and sustainable. The present focus on sustainability in manufacturing is being driven by the way "The Internet of Things (IoT) " technologies and devices are leveraged in manufacturing plants. IoT holds immense promise to rationalise and optimise manufacturing systems, enhance quality, reduce waste through widespread use of data analytics and other digital technologies. This two-part discussion takes a macro and micro level view of many emergent technologies that are poised to write new pages in the history of manufacturing.