© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - How Smart Technology is Helping the Manufacturing Industry
Posted 12th April 2021

How Smart Technology is Helping the Manufacturing Industry

The secret to this progression is advances in technology. Not only has it allowed businesses to speed up production and increase efficiency it has brought greater profit margins too. In today’s market, it’s all about ‘smart technology’ or more accurately ‘enablers’.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

How Smart Technology is Helping the Manufacturing Industry
ai

In the world of manufacturing, the way things are produced has changed dramatically over the years. From the first moving assembly line created, through to the modern-day invention of Artificial Intelligence (AI), it’s safe to say that manufacturing methods have evolved quickly.

The secret to this progression is advances in technology. Not only has it allowed businesses to speed up production and increase efficiency it has brought greater profit margins too. In today’s market, it’s all about ‘smart technology’ or more accurately ‘enablers’.

Businesses now use technology to optimise their operations — from automated sales and distribution processes to energy management software. Here’s a list of the benefits smart technology can bring.

Artificial Intelligence Artificial intelligence (AI) is a computer science that can help the capabilities of humans. Voice recognition for example, allows processes to be carried out without being manually entered into a computer. AI also uses algorithms that can record and react to changes in data to help businesses achieve more and increase efficiency.

Block chain

Block chain is essentially a programme that helps keep track of goods, logs transactions and manages supply chains, following a ‘chain-like’ process. For businesses, this information is essential – allowing them to record data and deliver real-time analytics on their stock and supply chain without manual input.

The Industrial Internet of Things

The collection of data has now become a significant priority for businesses looking to gain a deeper insight into their production processes. With the Industrial Internet of Things (IIoT), companies can ensure that every device, machine and process is connected through data communication systems. This gives them a greater understanding of their business and can look at ways of enhancing efficiencies and increasing profits.

Industrial Robotics

An extension of AI, industrial robotics have now become a focal element of the manufacturing process. Modern robotics can now carry out a range of tasks, whilst reducing the risk of injury to workers. Although robotics is a modern invention, they’re intelligent enough to learn human tasks.

More recently ‘collaborative robots’ or ‘cobots’ have been designed to work together with humans. Cobots have become prominent in the automotive industries to help build vehicles.

Digital Twin

Manufacturers can create a ‘digital twin’ when creating a new product — this allows them to virtually forecast its cost and production. Using this technology, they can evaluate production, visualise products in different environments, track and monitor systems and troubleshoot equipment. This results in a more streamlined development process.

Condition monitoring

Broken or machinery that needs repair can have a significant impact on production. With condition monitoring, businesses can monitor a range of performance conditions, including vibration, temperature, pressure and oil condition. This can help manufacturers prevent breakdowns in equipment by noticing changes and faults at an early stage.

Cybersecurity

The rise in technology means businesses are open to digital malfunction, including the risk of cyber-attacks — which have been common in several industries. Cyber security is important as it protects computer systems from theft or damage to their software and electronic data. As the manufacturing sector is the third most hit sector in the UK for cyber-attacks, companies to ensure they are adequately protected.

A ‘smart’ way of working

As ‘smart technology’ continues to improve the way manufacturers can do business, evidence suggests that introducing new methods can have a positive impact on a company’s output and profit margins. With energy at the heart of manufacturing processes, it’s important that energy supply is efficient and automated. If you’re switching from oil to gas, such as Liquid Petroleum Gas (LPG) or Liquefied Natural Gas (LNG), speak to an expert for help with the process of becoming greener.

Categories: Innovation


You Might Also Like
Read Full PostRead - Eye Icon
Banexi Ventures Partners Announce Investment in Netwave for EUR1.2m
Finance
26/03/2015Banexi Ventures Partners Announce Investment in Netwave for EUR1.2m

French independent managing company Banexi Ventures Partners finalised a €1.2 million investment in Netwave, a realtime data insight provider.

Read Full PostRead - Eye Icon
IDT to Acquire ZMDI for $310 Million
M&A
27/10/2015IDT to Acquire ZMDI for $310 Million

Integrated Device Technology Inc. has came to an agreement with semiconductor company Zentrum Mikroelektronik Dresden AG to buy for $310 million, gaining a foothold in the growing automotive and industrial business.

Read Full PostRead - Eye Icon
Dutch-Based Start-up Cloudtract Launches Free Online Contract Management Platform for SMEs
Innovation
19/02/2015Dutch-Based Start-up Cloudtract Launches Free Online Contract Management Platform for SMEs

A new service called Cloudtract introduces a free and simple online contract management platform for small and medium sized companies.

Read Full PostRead - Eye Icon
From India to International
Leadership
23/05/2022From India to International

Initially formed in 1992, Krishna & Saurastri Associates LLP began its journey in the industry when it merged with a law practice set up in 1956. Recognised as the Leading Intellectual Property Prosecution Law Firm of the Year, Krishna & Saurastri Associates L

Read Full PostRead - Eye Icon
Payvision secures strategic investment from ING Group
Strategy
30/01/2018Payvision secures strategic investment from ING Group

Payvision secures strategic investment from ING Group

Read Full PostRead - Eye Icon
What Is An ETF?
Finance
20/12/2018What Is An ETF?

Exchange Traded Funds, or ETFs as they are better known, are traded on a stock exchange, rather like a stock itself. Giving you a brief overview of this often overlooked or misunderstood asset class is Hannah Stevenson, Staff Writer here at Acquisition Interna

Read Full PostRead - Eye Icon
Guide on How to Write a Dissertation Proposal in Finance and Accounting
News
18/08/2021Guide on How to Write a Dissertation Proposal in Finance and Accounting

A dissertation proposal gives your supervisor and the department an idea of the subject you wish to discuss. It also helps you to narrow down the discussion to a few ideas, especially demonstrating an understanding of the subject you wish to discuss. Professio

Read Full PostRead - Eye Icon
Why Businesses Are Welcoming the Challenge of Disruption
Leadership
26/07/2022Why Businesses Are Welcoming the Challenge of Disruption

The merciless transition from global pandemic to cost of living crisis has left businesses reeling. The destabilisation of the economic climate has resulted in firms scrambling for penny-pinching solutions to keep themselves afloat.

Read Full PostRead - Eye Icon
AI And Business Process Automation: Streamlining Operations For Efficiency
News
23/10/2023AI And Business Process Automation: Streamlining Operations For Efficiency

AI And Business Process Automation: Streamlining Operations For Efficiency In today’s fast-paced business world, companies of all sizes are seeking innovative solutions to streamline their processes and increase efficiency. One of the most promising tech



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow