Beth Worthy
11/19/2021
Global lockdown driven by the COVID-19 pandemic restricted several industries, including the manufacturing sector. There was no clear sight of when the situation would get back to normal or when restrictions would be lifted.
What took a positive turn, however, was the speed of innovation and transformation. Companies quickly responded to the challenges by leveraging the potential of automation in the traditional manufacturing industry.
Let's focus on the latest technological trends that take the manufacturing industry by storm and leave no stone unturned to reverse the damage caused by the COVID-19.
Big Data is sweeping all industries off their feet, and manufacturing is no exception.
To stay ahead of the competition, manufacturers are leveraging the power of data by gathering the maximum data possible and storing it to be assessed later.
This data allows businesses to understand and adapt to changing customer habits and preferences and customize their marketing strategy based on segmented audiences.
It helps them remain efficient, achieve their KPIs before deadlines, and ensure success.
Contrary to the common notion about augmented and virtual reality, they are far more useful than in just the gaming industry or marketing fads. They are gradually becoming essential tools in the manufacturing industry.
An excellent example of this is Siemens AssistAR product, guiding technicians through routine maintenance so they receive the same support without needing to deploy someone in person.
You may have been familiar with the concept of 3D printing for a long time.
Despite being in the market for over 40 years, its usage shot up in 2020, especially during the pandemic. It helped companies produce critical products and product parts from any part of the world, thanks to the versatile and digital nature of 3D printing.
It also aided in increased production of essential supplies like masks, face shields, visors, etc. 3D printing has also helped minimize production time substantially during these critical times.
See Also: 10 Industries That Can Benefit From Translation Services
From a manufacturing perspective, maintenance is a major reason for slower production speed.
Predictive maintenance enables business owners to forecast when the next problem can arise and have a relevant solution to tackle it.
It lets the manufacturer line up their resources before they run out of them, much more quickly and efficiently. This technology is highly efficient for saving high costs of maintenance and the time spent in the process.
2021 has been the year of digital transformation without a doubt. In fact, according to a statistic, 67% of manufacturers sped up their digital projects through 2020, which has continued through 2021.
From internal production to customer service, everyone aims for a digital solution to ensure smooth operation without any obstruction coming in the way.
Artificial Intelligence is the heart of all the other technologies discussed above. It helps accelerate growth through minimal human intervention.
From robot/machine collaboration to inventory management, AI helps boost efficiency by saving capital, increasing profits, and creating a more streamlined, safe, dynamic, and flexible working environment.
A report released by Deloitte stated China, Japan, the US, Germany, India, and South Korea are responsible for 60% of the world's manufacturing GDP.
More countries from the Asia Pacific are projected to join the list by transforming into a manufacturing powerhouse in the near future.
A globally diverse manufacturing process necessitates linguistic diversification as all the above countries have different native languages.
See Also: Why Is Industry-Specific Translation Important?
From tackling suppliers to handling global customers, the manufacturing industry has enormously benefited from translation services.
It utilizes a wide range of options available within translation, such as:
GMR Transcription Services, Inc. has a skilled team and advanced resources available and is among the leading translation services providers.
Our team has extensive knowledge of several subjects and produces highly accurate translated content within quick deadlines. Call us at 714-202-9652 or contact our team to learn more about our services.
Read Also:
Translation Services' Market Growth Worldwide During 2019 - 2023 (A Multi-dimensional Study)