Are we heading for another industrial revolution? Some experts seem to think so. Technological advances have made manufacturing systems very powerful and flexible. No matter what type of equipment is being purchased or leased, it is top-of-the-line equipment with remarkable capabilities. Trimarc, your business equipment leasing company, gives you manufacturing trends.

Automation/Robots

Robots have played a role in manufacturing for a long time, but they will play an even more important role in the future. It is estimated that by 2025, global spending on robotics will reach nearly $70 billion, nearly half of that will be in the industrial sector. This automation will help manufacturing companies reach new levels of productivity, precision and safety that is beyond the ability of any human. This holds especially true in hazardous environments.

Programming these industrial robots is becoming all too easy. With such capabilities as voice recognition and image recognition, robots can perform very complex tasks with consistency when a worker tells them to do so.

Robots are already hard at work in a great variety of industries including food manufacturing, healthcare and consumer goods, working right next to human workers executing tasks with a high level of precision.

Does this mean robots will take over all of the manufacturing jobs? They will certainly take over the humdrum jobs to be sure. But they will also create new and different jobs because somebody has to program them, fix them and monitor them.

3D Printing

3D printers can facilitate the creation of thousands of products with just a push of a button. They are becoming increasingly popular and are now recognized as an option for a way to save money and time during the product development process. It is, after all, a great tool in making prototypes.

In making prototypes, 3D printers reduce the investment in a new product and help deliver those products to the market much more quickly. In the future, 3D printers will provide a much broader range of usage applications, like higher-volume production for example.

Cloud-Based Manufacturing

Cloud computing uses a network of internet servers based externally to store, share and manipulate data. In the future, manufacturing companies won’t rely on local hard-wired systems, their data will be cloud-based and accessed by a laptop or even a mobile application.

Manufacturers are always on the lookout for ways to increase accuracy and speed. Cloud-based strategies give manufacturing companies the chance to bring their own innate intelligence to every sales situation. This is something they could only do with on-site presentations.

Smarter Decisions

With technology comes a huge volume of data. So much data in fact, that manufacturers will have to sift through it to find key elements. Manufacturers will need to determine which data will help them and improve production and processes. They will then share this relevant information across the enterprise.

Companies that learn to extrapolate the information they need from the plethora of data will jump ahead of the companies that can’t negotiate through the huge volume of data.

Stay on the cutting edge by leveraging the latest technology while freeing up capital to build your business. Contact Trimarc today.