EMBRACING INDUSTRY 4.0: THE FUTURE OF HEAVY MACHINERY MANUFACTURING

HEAVY MACHINERY MANUFACTURERS WHO ARE ON THE VERGE OF DIGITAL TRANSFORMATION ARE UNLOCKING RAPID AND SUSTAINABLE CHANGE WITH INDUSTRY 4.0

THE GLOBAL MANUFACTURING INDUSTRY IS going through a serious digital transformation called Industry 4.0 and the heavy machinery manufacturing sector is undergoing a profound transformation. According to Epicor, Industry 4.0 is “A new phase in the industrial revolution that focuses heavily on interconnectivity, automation, machine learning and real-time data. Industry 4.0, which encompasses IIoT and smart manufacturing, marries physical production and operations with smart digital technology, machine learning and big data to create a more holistic and better-connected ecosystem for companies that focus on manufacturing and supply chain management."

"Industry 4.0 is expected to play a significant role in the heavy machinery manufacturing industry, enabling creation of smarter and more efficient factories. With Industry 4.0 technologies such as the IoT, AI, and analytics, the heavy machinery manufacturers can optimise their manufacturing processes and make informed decisions in real time," says Shubhankar Chatterji, Chief Supply Chain Officer, Cummins India

Manufacturers in the heavy machinery industry are harnessing the power of automation, data analytics, and connectivity to optimise their operations and deliver superior products. The adoption of smart manufacturing practices brings three key advantages to the sector:

1. Cost reduction through connectivity: Increasing connectivity within the heavy machinery and equipment industry yields significant cost-saving benefits. By monitoring smart tools and tracking their usage, managers can implement proactive measures to replace tools before they malfunction or break down, preventing downtime and reducing maintenance expenses.