According to a recent survey conducted by Deloitte and MAPI, 62% of global manufacturing leaders say they are investing in digital factory plans and even beefing up that spending by 20%. 85% of leaders agreed or strongly agreed that digital factory investments would rise by June 2021. 25% of global responders expect to resume digital factory investing within 3-6 months, while 50% expect to resume smart factory spending in 7-12 months. Transforming your operations into a digital factory will help you achieve the following:
- Increasing machine availability and production efficiencies by over 25%
- Avoiding costly downtime or product quality issues
- Significant cost reductions without stopping operations: massive cuts in energy consumption, waste, and labor costs
- Real-time alerts and notifications on critical issues
- Easy and rapid team communication: tracking all processes in real time helps teams be more productive and accountable
- Remote factory management enabled with 100% visibility in real time
- Ability to access all live production floor data and KPIs from all factories spread across the world, in a single centralized cloud platform