Blockchain in Manufacturing

whitePaper | July 25, 2022

Traceability, the ability to identify and trace the product, process, operator, context, and detailed quality and component supplier and lot information for every item that moved through manufacturing, is a must-have for manufacturing success. A robust traceability framework that envelopes the total process, product, and material traceability, is a critical component for manufacturers facing stringent regulations while seeking to reduce the overall cost of compliance.

whitePaper | October 28, 2022

Manufacturing companies can integrate all the connected resources of a process and their various business applications – enterprise resource planning (ERP), manufacturing execution system (MES), product lifecycle management (PLM), and warehouse management system (WMS). They can also connect their assets, supply chain partners, and even customers through networks and the cloud.

whitePaper | February 24, 2023

Business demands have forced manufacturers to be more agile. Smart manufacturers are adopting technology, specifically digital twins, to move faster. Using a digital twin in a manufacturing environment can fast-track discovering bottlenecks, drive efficiencies, lower costs, reduce environmental footprint, and help manage risk. However, there is mystery around digital twins, from defining what they are and their strengths to the critical importance of an ecosystem approach to address the diversity of digital twin scenarios. The goal of this paper is to demystify digital twins, so more manufacturers can apply the technology and bring agility to their operations.

whitePaper | May 20, 2022

Manufacturing and industrial technologies are major drivers of societal wealth. In 2019, the manufacturing sector accounted for two million enterprises, €2,078 billion in gross value added, and 32.1 million jobs in the EU-27 area.1 The European economy is highly dependent on the manufacturing industry and exporting of manufactured goods. Around 10 percent of all enterprises in the EU’s non-financial business economy are classified as manufacturing.2 The transition of societies to climate neutrality and circularity pushes for changes in operations and creates new business opportunities for companies. Markets are shifting towards green products and services to meet conscious consumers’ needs and comply with the new and upcoming EU regulations that strive to reduce net greenhouse emissions by at least 55% by 2030.3

whitePaper | November 23, 2022

AI-enabled industrial control automation creates fresh opportunities to innovate and adapt manufacturing processes, building on a foundation of digital transformation and network advances across the intelligent edge

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.