Page 1
MANUFACTURING COUNCIL LEADERSHIP MANUFACTURING LEADERSHIP COUNCIL VISION 2030: THE FACTORY OF THE FUTURE A Frost & Sullivan White Paper SPONSORED BY:
Page 2
frost.com EXECUTIVE SUMMARY................................................................................................................................................ RESEARCH METHODOLOGY ..........
Page 3
FACTORIES OF THE FUTURE EXECUTIVE SUMMARY What will the manufacturing industry look like in the future? In the next 10 to 15 years, factories and plants across industry sectors will be high-tech engin...
Page 4
FACTORIES OF THE FUTURE • Future factory designs and footprints will likely favor modularization, with micro factories capable of mass customization using such technologies as 3D printing as well as d...
Page 5
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE • A live, two-day workshop with industry participants, including representatives from Intel and General Electric and several other Fortune 100 companies....
Page 6
FACTORIES OF THE FUTURE • Ambient Intelligence: Advances in technologies such as cloud-based solutions, digital platforms and applications, machine learning, and the Internet of Things are combining t...
Page 7
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE We see the interplay between these Mega Trends resulting in four major themes and eight sub-themes that, taken together, will transform the manufacturing...
Page 8
FACTORIES OF THE FUTURE The sub-themes are: - New Value Networks. Suppliers will transform from providers of parts to partners in “as-a-service” business models. This will require much more collaborat...
Page 9
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE • Human-to-Machine Convergence Significant challenges across geographic boundaries include the skills gap, the need to leverage machines for productivity...
Page 10
FACTORIES OF THE FUTURE A fundamental requirement for a digitized manufacturing process, especially one whose supply chain involves a considerable number of outside partners, is information security. ...
Page 11
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE SMART INNOVATION The evolutionary path for innovation in manufacturing is a route that spans product, system, and material improvements. Achieving succes...
Page 12
FACTORIES OF THE FUTURE Digitizing and improving the innovation process will require a lengthy, multi-year effort in many manufacturing companies. Acquiring new IT tools to aid that journey will be th...
Page 13
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE As digitization of the supply chain proceeds and matures, the next level of sophistication will combine the use of analytics and artificial intelligence ...
Page 14
FACTORIES OF THE FUTURE The evolutionary path is to IP-enable products that enable the gathering of critical data about a product’s condition and performance. This data can then be used not only for p...
Page 15
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE The level of intelligence generated from digital twins and digital threads will be important contributors to enabling manufacturers to become much more a...
Page 16
FACTORIES OF THE FUTURE These technologies, if successfully implemented and used by a broad cross section of industry, have the potential to move the entire industry forward to an advanced state of co...
Page 17
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE It almost goes without saying that the impact of a new generation of intelligent machines in factories and plants will have profound consequences on how ...
Page 18
FACTORIES OF THE FUTURE SECTOR EVOLUTION STAGE DESCRIPTION OF KEY TECHNOLOGY ATTRIBUTES • Global Talent Management Realization • Leveraging Technology to Augment Labor • Training and Recertication fo...
Page 19
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE Of course, this highly connected, information-driven paradigm will not play out in identical fashion in every sector that makes up the diverse industry c...
Page 20
FACTORIES OF THE FUTURE SERVICES REVOLUTION – Advanced technology developments such as Io T, cognitive bots, and blockchain-as-a-service, all supported by ubiquitous digital trust, will enable new val...
Page 21
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE But perhaps the most important requirement for success in the age of digital factories will be trust, the confidence that the pervasive connectivity now ...
Page 22
FACTORIES OF THE FUTURE GLOSSARY DATA LAKE: The data lake principally is an approach toward a unified, enterprise-level, single-data store (ranging from raw data, to semi-processed and proceeded data)...
Page 23
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE BIBLIOGRAPHY 1. M82C:Top Global Mega Trends to 2025 & Implications to Business, Society, and Cultures (2014 Edition) 2. NFE7:The Global Future of Wor...
Page 24
FACTORIES OF THE FUTURE 27. Factory of the Future - New Ways of Manufacturing- Álvaro Friera/Favila Roces/Hugo Alloy; Airbus Group 2016 28. The Factory of the Future, The Economist, Oct. 30, 2013 29. ...
Page 25
FACTORIES OF THE FUTUREFACTORIES OF THE FUTURE RESEARCH AND WRITING TEAM David R. Brousell, Cofounder, Manufacturing Leadership Council, Frost & Sullivan Sath Rao, Vice President, Growth Implement...
Page 26
SILICON VALLEY 3211 Scott Blvd Santa Clara, CA 95054 Tel 650.475.4500 Schedule a meeting with our global team to experience our thought Fax 650.475.1571 leadership and to integrate your ideas, opportu...