The 7 Biggest Mistakes Manufacturers Make

whitePaper | November 5, 2019

The manufacturing industry has always been shaped by technology. Today, the convergence of digital technologies with physical machinery is the primary driver of technology-led change in the sector, but there are signs that European manufacturers are slow on the uptake. To examine the opportunities and challenges this convergence presents, and to understand the role of technology executives in leading the organisational transformation required to capitalise on it, The Economist Intelligence Unit interviewed executives from three manufacturers pursuing digital transformation.

whitePaper | November 1, 2022

The 21st century is the era of the fourth industrial revolution: but what does it mean to adopt Industry 4.0 solutions for Italian small and medium-sized enterprises? From the invention of the steam engine to that of the first IoT device (a smart toaster), a lot of progress has been made in innovative fields. Before going into detail, let’s try to give a general overview of the previous industrial revolutions, so we have all the appropriate tools to understand how these revolutionary epochs have changed today’s society

whitePaper | August 3, 2022

Automakers, OEMs, and suppliers have faced unprecedented challenges in the wake of COVID-19. From chip shortages to truck barricades on the US–Canada border cutting off the flow of products, the automotive industry has been severely impacted by challenges that are leading to a loss of sales and frustrated customers. Advanced technologies are no longer “nice to have” but are now essential as automotive manufacturers step up their game to provide customers with more for less. Patched together, legacy systems, and outdated functionality tend to create more confusion than answers. Disconnected, siloed teams struggle with unreliable data and no clear vision for gaining new customers and retaining the old.

whitePaper | December 12, 2022

Artificial intelligence (AI) can enable a new era in the digital transformation journey, offering tremendous potential to transform industries for greater efficiency, sustainability and workforce engagement. Even though the impact of AI applications in manufacturing and value chains is known, the full opportunity from their deployment is still to be uncovered due to a number of organizational and technical roadblocks. Recognizing this need, the World Economic Forum’s Platform for Shaping the Future of Advanced Manufacturing and Value Chains and Platform for Shaping the Future of Technology Governance: Artificial Intelligence and Machine Learning, together with the Centre for the Fourth Industrial Revolution Türkiye, convened industry, technology and academic experts to shed light on these challenges and propose a step-by-step approach to overcome them.

whitePaper | February 21, 2022

Industry 4.0 presents a once in a lifetime opportunity to modernise and digitise the industrial arena, and that alone should be reason enough to delve further into its possibilities.

whitePaper | February 10, 2020

Manufacturing is at a crossroads. The traditional ways of growing productivity and profits no longer work, and the industry has been at a loss for new ones. But no longer. A solution has been found. The potential is unlimited, and the obstacles are gone. All that remains is for manufacturers to embrace the way forward to a new and transformative future. The time to do so is now.