Robotics is growing in the Manufacturing sector because the bulk of the work is unsafe or impossible for humans to accomplish, thus shifting the burden of repetitive manual tasks from skilled workers. Robotics increase output and achieves a level of accuracy and productivity beyond human capability.
3D printing is popular because of its versatility, providing many design possibilities for a singular part. Not only does it condense waste by recycling plastic, it also decreases the lead time for replacement parts and their transportation due to the technology’s ability to print them on site.
The Internet of Things (IoT) is skyrocketing because it offers necessary tools and technology to lower costs and boost output. IoT devices can track inventory on a global scale, allowing industries to monitor their supply chain with accurate estimates of available resources. The combination of machine learning and IoT enables machines to detect and fix problems on their own, solving a time consuming and expensive problem.
At fdu we understand the dynamics of the Manufacturing industry, providing access to suitable high calibre Finance professionals and best expertise.