The 2022 manufacturing news is littered with issues like supply chain disruptions, inflation, shipping issues, and labor shortages. At the beginning of this year, you, as a manufacturing company, must be aware of emerging industry developments to avoid the problems that plagued the industry last year.
With over 18 years of experience in the global manufacturing industry, at To-Increase we have seen many trends come and go. However, one thing we can tell you with certainty is that having the right technology can bring you closer to a competitive advantage and adapt to the dynamic change of the industry. To help manufacturing companies gain this advantage, we offer industry-specific software solutions that are integrated into Microsoft Dynamics 365.
This article will share the top trends that we believe will dominate the manufacturing industry in 2023 to keep you up to date with the latest advancements to stay agile in a rapidly changing landscape.
A few technological trends that the manufacturing sector can expect in 2023.
Cloud adoption
ABI research indicates that investments in cloud-based manufacturing execution software will reach US$5.4 billion by 2031, as manufacturers adopt new productivity solutions , creative.
2023 will mark the time when discrete manufacturers will begin to fully adopt analytics, and they will focus on improving production efficiency, customer experience, and product traceability due to Cloud technology provides.
Additionally, around 62% of businesses worldwide plan to increase their investment in cloud computing over the next five years, according to Euromonitor. The best way to get started with cloud adoption is to have the right strategy, plan, and management structure for your cloud deployment.
Do you have an efficient strategy for preparing the manufacturing sector for 2023?
- Make a comprehensive assessment of the state of your business
- Determine the gap between “where you need to be” and “where are you” scenarios
- Embrace digital transformation to automate end-to-end processes in your business using cloud-based ERP
- Ensure your data is sanitized and triaged with a sophisticated Master Data Management solution.
- Connect your ecosystems, like PLM and ERP, with a strong integrative solution.
- Integrate analytics with your business so you can make data-based decisions.
Our technological developments in manufacturing industry.
- Cloud adoption
- Analytics and big data
- Industrial IoT, artificial intelligence, and machine learning
- Product as a Service
- Smart factories and manufacturing
- Sustainability and circular economy
- On-site systems maintenance
- NIST and CMMC compliant cybersecurity stack
How can we help you with your technological agility as a manufacturer
If you are looking to implement the latest trends in the manufacturing industry or want to start your digital transformation journey, we can help. As a Microsoft ISV with nearly two decades of experience in the Microsoft Dynamics ERP space, we have in-depth industry and sector knowledge.
We offer a variety of solutions on Dynamics 365 and can assist you according to your business needs. To discuss how you can accelerate your digital transformation journey in manufacturing, please contact our experts.