The Factory of the Future

Introduction It’s no great surprise that technologies and trends are having a profound impact on manufacturing all around the globe. In this eBook, we’ll explain how to deal with and benefit from them. More precisely, we’ll highlight life- and business-changing megatrends with new technological tools that ultimately enable you to: 1. Improve efficiency 2. Reduce cost This will keep you competitive and—most importantly—deliver greater value to your customers. This eBook will help guide you there. First, take a look at the numbers. 3 | The Factory of the Future The numbers By 2020, there will be 30 billion connected devices on earth It’s not the number of smartphones and tablets and wearable technologies that’s alarming, it’s the sheer volume of data generated by these devices. Machines communicating with people—and other machines—are creating so much information that, according to one study, we will have generated more information in the past two years than in the previous 5,000 years of human history. Source: The Internet of Everything is the New Economy. September 29, 2015, Cisco. 4 | The Factory of the Future
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