5TH ANNUAL STATE OF MANUFACTURING TECHNOLOGY REPORT

July 6, 2020

In a recent global survey of approximately 200 manufacturers, participants revealed a desire to realize the alluring promise of smart manufacturing. Their success hinges on three factors: their ability to identify what will improve the business and articulate the desired outcomes, select transformative technology to optimize company processes, and implement that technology to fully realize the anticipated value. This study from Plex Systems, developed with the support of LNS Research, explores common manufacturing challenges alongside evolving technology solutions, with an eye toward creating a blueprint that helps companies successfully navigate and achieve business transformation.

Spotlight

LG Electronics

At LG, we deliver products and services that make lives better, easier and happier though increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, consumer electronics and mobile communications to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.

OTHER WHITEPAPERS
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Pacing the Industry 4.0 Manufacturing Revolution

whitePaper | August 1, 2020

Imagine the power of a process model that defines the pace of your production. Imagine process mining insights, which allow you to feel the pulse of actual process performance. Imagine a digital twin as a virtual representation of your manufacturing processes. Imagine a single software which - at the same time - enables a more collaborative approach, with all members of the workforce working towards performance improvement, reducing waste & defects. Now stop imagining... that reality is here.

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Reimagining Digital Supply Chains – creating value across organizations

whitePaper | December 5, 2022

The global semiconductor industry is poised for a decade of growth and is projected to become a trillion-dollar industry by 2030.The semiconductor industry, which makes vital components for the technologies we all depend on, hit the headlines over the past year.

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Advanced Manufacturing in the Digital Age

whitePaper | December 1, 2022

Printed circuit assemblers need an IoT ecosystem, the cornerstone of Industry 4.0. One of the key advantages of an IoT ecosystem is that it can take siloed information, analyze it, and optimize processes across a company’s systems. Aligning IT and OT is key to the Industry 4.0 transformation and to improving manufacturing processes and leads to higher production performance and lower costs. However, it requires effective governance and tools to adapt IT project management models for use in operations.

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Intelligent factories: toward a new frontier

whitePaper | June 3, 2022

Instantly appears in many people’s minds is of a production plant run entirely by robots. But robotics is only part of the overall technology stack that will enable today’s factories meet the demands of tomorrow’s markets. In just a few decades, industrial manufacturing has changed dramatically in the continuous effort to keep pace with ever increasing market demands. Basically, this transition has occurred in three distinct phases, each with its own pathway to success.

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A&D Manufacturing Takes on Industry 4.0

whitePaper | February 7, 2020

This paper discusses four key focus areas for manufacturers looking to capitalize on the advancements of the fourth industrial revolution in Aerospace & Defense 4.0-and centers around some common feedback we hear from our customer base when they look to future-proof their business. Connectivity at the core, Configurability crucial, Intelligence must be evolutionary, Security paramount.

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Share to Gain: Unlocking Data Value in Manufacturing

whitePaper | January 13, 2020

Emerging technologies, such as advanced analytics and artificial intelligence, are transforming the world of production and creating new opportunities for industry, society and the environment. Data is critical, as is companies ability to manage it effectively. While manufacturers are making strides in this area, most focus on data within their companies and have difficulty maximizing their return on investment and driving innovation at scale.

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Spotlight

LG Electronics

At LG, we deliver products and services that make lives better, easier and happier though increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, consumer electronics and mobile communications to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.

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