Automotive Is Driving The Smart Factory Revolution
Manufacturing Today|March 2020
What makes automotive the ideal candidate for smart technology?
Maneesh Pant
Automotive Is Driving The Smart Factory Revolution

Energy conservation enabled by IIOT is not only reducing costs but is also helping to drive sustainability. Sample this: production shops are going paperless, Kanban / productivity charts are being replaced with smart monitors, and tabs are substituting HMIs to enter production/quality data. The modern age is not only a period of sustainable growth but also ‘smart’ models. Global OEMs & technology providers are coming together to create newer smart factories. The need to drive productivity gains, cost reduction, & customer satisfaction is dominating business like nothing else. Welcome to Industry 4.0. Capgemini Research Institute’s latest report on its smart factory series, How automotive organisations can maximise the smart factory potential, states the automotive industry is leading the way in the smart factory model. The reason: the need for high-value, high-volume and high-complexity products that demand frequent changes.

This story is from the March 2020 edition of Manufacturing Today.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the March 2020 edition of Manufacturing Today.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM MANUFACTURING TODAYView All
Precision Revolution
Manufacturing Today

Precision Revolution

Exploring the fusion of Machine Learning and CAD/CAM Technologies, Shriyal Sethumadhavan delves into the transformative impact of AI integration in manufacturing.

time-read
6 mins  |
April 2024
Empowering MSMEs
Manufacturing Today

Empowering MSMEs

In conversation with Amit Mande, Chief Revenue Officer, U GRO Capital

time-read
3 mins  |
April 2024
Fornnax unveils SR-200 HD recycling innovation
Manufacturing Today

Fornnax unveils SR-200 HD recycling innovation

Fornnax Technology continues to expand its portfolio of high capacity lines and debuted an upgraded variant of primary shredder.

time-read
1 min  |
April 2024
Transforming manufacturing and product development
Manufacturing Today

Transforming manufacturing and product development

India's manufacturing sector, currently contributing 17% to the GDP, is expected to be one of the key drivers of growth for the country.

time-read
5 mins  |
April 2024
Transforming E-commerce: How LLMs are changing visual content
Manufacturing Today

Transforming E-commerce: How LLMs are changing visual content

LLMs reshape e-commerce with captivating visuals, balancing benefits and drawbacks of authentic content in the digital retail arena

time-read
3 mins  |
April 2024
An intelligent move
Manufacturing Today

An intelligent move

Dive deep into the future of manufacturing as we explore the transformative power of intelligent technologies revolutionising the industry.

time-read
5 mins  |
April 2024
Meeting India's data centre cooling demands
Manufacturing Today

Meeting India's data centre cooling demands

Schneider Electric inaugurates state-of-the-art cooling factory in Bengaluru

time-read
2 mins  |
April 2024
The gender matters of manufacturing
Manufacturing Today

The gender matters of manufacturing

Does the manufacturing industry suffer from a gender gap?

time-read
10+ mins  |
April 2024
Navigating India's manufacturing landscape
Manufacturing Today

Navigating India's manufacturing landscape

Jibak Dasgupta, Director General and CEO, Indian Machine Tool Manufacturers' Association's view on the influx of investments and the manufacturing landscape

time-read
5 mins  |
February 2024
A decade of 'Make in India': The foundation for building a manufacturing powerhouse
Manufacturing Today

A decade of 'Make in India': The foundation for building a manufacturing powerhouse

As India experiences profound economic growth, it has emerged as the second most sought-after manufacturing destination in the world, contributing 13.9%1 to the economy.

time-read
5 mins  |
February 2024