Panel discussion with 3 companies that have gone through digital transformation from different perspectives (panel builder, system integrator, OEM).
Michael Milam, general manager - South Region & Dr. Dirk Pieler, executive vice president business unit industry, both with Rittal, discuss Increasing Productivity Through Successful Digital Transformation.
Today, manufacturers need to defy unstable supply chains, labor shortages, and customer demand. The associated trickledown effect of those challenges also applies to OEMs, system integrators, machine builders, and panel builders. So, they are all tasked with discovering new methods of maintaining timelines and cycles for design, assembly, installation, or manufacturing with an eye toward unlocking increased efficiency and reducing operational costs. So, how do you do more with less?
Modern manufacturing is driven by data and digitalization. Digital transformation is accelerating due to innovations such as Edge and cloud computing, 5G, analytics and AI (artificial intelligence), and data standardization. Industry 4.0 relies upon the use of technology to power and streamline essential processes. Manufacturers now see the digital transformation journey as essential to their company’s success. This means investing in digitalization, leveraging automation, and realigning business models.
Whether you are a latecomer, first-timer, or leader in digital transformation, all industrial companies have an opportunity to reposition or establish themselves with innovative technologies and solutions. Learn how three companies have done that and secured a crucial competitive advantage to not just survive – but thrive.
Latest from Today's Medical Developments
- Boston Scientific to acquire Penumbra, expanding cardiovascular portfolio
- Star Cutter introduces Double Pilot Reamer
- #80 Manufacturing Matters - Machining Strategies to Save Time and Improve your Process for MedTech Components with Kennametal Inc.
- Real-world parts and expert manufacturing advice
- Experts discuss the latest in toolholding technology
- How permanent magnets are powering medical innovation
- Forecasting the year ahead in design and manufacturing
- Tecomet, Orchid Orthopedic Solutions announce merger agreement