A Plan for Successfully Evaluating New Manufacturing Technologies and Services
A Plan for Successfully Evaluating New Manufacturing Technologies and Services
Technology is frequently characterized as a gateway to improved manufacturing efficiency, and the history of innovation’s impact on production is noteworthy. That is particularly true in terms of the impact made by digital technologies. From the introduction of the digital controller and distributed control system to smart sensors and valves, digital innovations have consistently enabled safer, more efficient production. Indeed, much of the growth in production output experienced over the past 50 years is attributed to innovations in production automation. Putting these gains aside, innovation continues to leave value on the table as manufacturers fail to capitalize on technology’s full potential.
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