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Digital Transformation in a Time of Crisis

Digital Transformation in a Time of Crisis

Digital Transformation in a Time of Crisis

As COVID-19 strikes, all companies in various sectors are facing a huge challenge of sustaining their businesses. People are being forced to make hard decision on whether to close their doors or digitally innovate even further. Article by Makino.

COVID-19 has paved the way for digital transformation as businesses shift operations to cope with office closures, restricted movement and supply interruption.

Digital transformation has always made sense but adoption has been slowed as people deal with some of the overwhelming concepts around Industry 4.0, the sheer size of the task, and struggle to figure out where the value is coming from and where they can find the “digital dividend”. 

Now, the needs are compelling and urgent and those that fail to transform will likely be left behind and risk becoming irrelevant and uncompetitive.

Transformation in Manufacturing Industry

To create an ecosystem that is digitally enabled, one must have the ability to model a disruption in real-time, the agility to respond to that disruption, and the resilience to cope with whatever the world has to throw at it. 

This is demanded not only by the manufacturers, but also by their customers, inventors, creditors, and insurers. As a result, an extensive digitisation of the shop floor, including its integration with all the other systems, is becoming essential rather than nice to have. It provides the necessary first layer of high-quality data, upon which another layer of insight generation, decision support, and control of production processes—all in real time—must be superimposed. Such systems must become an order of magnitude better than what exists today.

Digital Transformation with Makino

Makino has been actively moving towards the trend of digitalisation. Its facility is designed to meet the growing demand for high-quality products and sophisticated precision engineering capabilities by adopting Industry 4.0 and the principles of Industrial Internet of Things (IIoT).

Despite transforming the facility into a Smart Factory, Makino also acts as a partner which helps their customers to drive them and motivates them towards transformation.

Retool Your Business Processes to Compete in the Global Die/Mould Market

Common practice and misconceptions can lead mould, tool and die owners to conclude that automation offers few benefits to their businesses due to the demands for tight tolerances and one-off or small runs of complex 3D shapes. In today’s competitive global marketplace, with pressures to improve quality and pricing without increasing investment in machines or labour, the time is right to consider taking a production approach.

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Check these articles out:

The Future Of Manufacturing Lies In Transparency And Connectivity

Machine Shops in a Challenging World

Interview With Andrea Ceretti, CEO at Faccin S.p.A

FARO Acquires ATS AB To Accelerate In 3D Digital Twin Market

Interview With Mr. Pierre Teszner, President & Regional Director, Southeast Asia at Rockwell Automation

Aircraft Turned Parts Market to Reach US$ 1.9 Billion In 2025 Amid COVID-19

 

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