TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industrial IoT

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from ABI Research Media Releases

Industrial IoT

ABI Research provides strategic guidance on the 8 technologies that will transform manufacturing

Via ABI Research Media Releases

Jun 20, 2018

Oyster Bay, New York - 20 Jun 2018: In a recent report, ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, outlines how technologies fit together with each other in Smart Manufacturing. The report identifies eight such transformative technologies:

  • Additive manufacturing
  • Artificial intelligence (AI) and machine learning (ML)
  • Augmented reality (AR)
  • Blockchain
  • Digital twins
  • Edge intelligence
  • Industrial Internet of Things (IIoT) platforms
  • Robotics

The manufacturing sector has already seen increased adoption of IIoT platforms and edge intelligence. Over the next ten years, manufacturers will start to piece together the other new technologies that will eventually lead to more dynamic factories less dependent on fixed assembly lines and immobile assets. Each step in this transformation will make plants and their workers more productive.

“Manufacturers want technologies they can implement now without disrupting their operations,” says Pierce Owen, Principal Analyst at ABI Research. “They will change the way their employees perform jobs with technology if it will make them more productive, but they have no desire to rip out their entire infrastructure to try something new. This means technologies that can leverage existing equipment and infrastructure, such as edge intelligence, have the most immediate opportunity.”

The transition towards a lights-out factory has started, but such a major disruption will require an overhaul of workforces, IT architecture, physical facilities and equipment and full integration of dozens of new technologies including connectivity, additive manufacturing, drones, mobile collaborative robotics, IIoT platforms and AI.

IIoT platforms must support many of these other technologies to better integrate them with the enterprise and each other. Those that can connect and support equipment from multiple manufacturers, such as PTC Thingworx and Telit deviceWISE, will last.

After decades of producing little more than prototypes, the AM winter has ended and new growth has sprung up. GE placed significant bets on AM by acquiring Arcam and Concept laser in 2016, and Siemens announced an AM platform in April 2018. Other leading AM specialists include EOS, Stratasys, HP and 3D Systems.

ML capabilities and simulation software have made digital twins extremely useful for product development, production planning, product-aaS, asset monitoring and performance optimization. Companies with assets that they cannot easily inspect regularly will significantly benefit from exact, 3D digital twins, and companies that manufacture high-value assets should offer digital twin monitoring as-a-service for new revenue streams. Innovative vendors in digital twins and simulation software include PTC, SAP, Siemens, and ANSYS.

The above technologies have already started to converge, and robotics provide a physical representation of this convergence. Robotics use AI and computer vision and connect to IIoT platforms where they have digital twins. This connectivity and AI will increase in importance as more cobots join the assembly line and work alongside humans. The robotics vendors that can integrate the most deeply with other transformative technologies have the biggest opportunity. Such vendors include the likes of ABB, KUKA, FANUC, Universal Robots, Rethink Robotics and Yaskawa.

“The vendors that open up their technologies and integrate with both existing equipment and infrastructure and other new transformative technologies will carve out a share of this growing opportunity. Implementation will go step-by-step over multiple decades, but ultimately, how we produce goods will change drastically from what we see today,” concludes Owen.

These findings are from ABI Research’s ​Smart Manufacturing Transformative Horizon report. This report is part of the company’s ​Smart Manufacturing research service which includes research, data, and Executive Foresights.

Related Topics
  • 6G R&I,
  • ABI Research,
  • AI & ML,
  • Announcement,
  • Automotive,
  • Blockchain,
  • Devices,
  • Industrial IoT,
  • IoT Devices,
  • IoT Services & Applications,
  • Manufacturing & Industry 4.0,
  • North America,
  • Research and Trials,
  • Tracker,
  • Transformation,
  • Virtualisation,
  • VR & AR

More Like This

4G LTE

Mission-Critical early investment will drive private LTE/5G infrastructure market to $5.7 Billion in 2024

Jan 14, 2021

AI, Analytics & Automation

Elisa and camLine to provide data and AI-driven intelligent manufacturing solutions globally

Jan 12, 2021

Digital Platforms & Services

Telefónica Tech and Geprom strengthen their collaboration at an international level to promote the digital transformation of the Connected Industry

Dec 21, 2020

Access Evolution

Vodafone UK taps portfolio partner for IoT push

Nov 24, 2020

6G R&I

Smart Manufacturing Platform Revenue Will Pass US$32 Billion Annually by 2025

Nov 13, 2020

This content extract was originally sourced from an external website (ABI Research Media Releases) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

1:5:11

Great Telco Debate: Live Debate – Day 1 (On-demand)

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices