Cloud Technology: A strong foundation for future-ready manufacturing enterprises

By: exito
 
BANGALORE, India - Sept. 13, 2022 - PRLog -- Today's manufacturing industry is under pressure to meet rising demands for quicker delivery and increased throughput. Manufacturers can use cloud technology to address these demands. All levels of the manufacturing industry will use this technology in the future to stay more securely connected to consumers and the supply chain.

Manufacturing efficiency already relies on connectivity. Manufacturers must adhere to technology standards used throughout the supply chain to stay connected and address issues quickly.

According to Gartner (https://www.gartner.com/en/newsroom/press-releases/2021-04-21-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-grow-23-percent-in-2021), cloud services spending is expected to climb 23.1 percent to $332.3 billion in 2021, up from $270 billion in 2020. Cloud-based technology is no longer a disruptor in the manufacturing scene; instead, it is the way of the future.

Manufacturing has entered a new era known as Industry 4.0, characterized by digital change. Industry 4.0 technologies, such as artificial intelligence, machine learning, and Industrial IoT connectivity, rely on cloud computing for data storage and information processing.

Modern manufacturing with cloud computing

By digitizing practically every aspect of current manufacturing operations, information technology is revolutionizing the global manufacturing economy, a phenomenon termed Smart Manufacturing or Industry 4.0.

Cloud computing, along with other core technologies including next-generation wireless, improved sensors, high-performance computing, and computer-aided design, engineering, and manufacturing software, is critical to the smart manufacturing revolution.

Cloud computing technologies (https://www.digitransformationsummit.com/blogs/cloud-adop...) will impact virtually every facet of modern manufacturing organizations. Cloud computing will impact how businesses run their operations at the corporate level, from enterprise resource planning (ERP) and financial management to data analytics and workforce training.

Manufacturers' integration with industrial supply chains (https://manufacturingitsummit.com/blogs/5-ways-location-b...) will also rely heavily on the cloud. Cloud computing will change everything about manufactured products, from how they are researched,created, and produced to how they are fabricated and manufactured to how customers utilize them in the field.

In addition, cloud computing will be critical in allowing and democratizing new manufacturing production systems like 3D printing (also known as additive manufacturing), generative design, and the Industrial Internet of Things. In reality, digital services like cloud computing now account for at least 25% of all inputs (https://mantec.org/how-the-manufacturing-industry-uses-cloud-tech/) used to create finished manufacturing goods.
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