Digital transformation in manufacturing, often referred to as Manufacturing 4.0 or DX, marks a significant shift in the industry’s landscape. According to Forrester Consulting, 90% of leaders identify digital transformation as essential for their success going forward, however 75% of manufacturers believe their competitors are ahead of them in terms of implementing this technology.
Digital manufacturing, which is a key part of digital transformation, integrates digital technologies with traditional manufacturing processes like artificial intelligence (AI), Industrial IoT (IIoT), and automation.
Investments in digital manufacturing have been shown to:
Increase production output by 10%
Boost factory capacity use by 11%
Improve labor productivity by 12%
In this article, we’ll take a deeper look at the components, types, and benefits of digital manufacturing to help you develop a strategy for transforming your operations and ultimately stay competitive.
