© 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
Capital Partnership to Acquire Northgate Capital
M&A
18/04/2016Capital Partnership to Acquire Northgate Capital

The Capital Partnership, a private investment office and independent asset manager, today announced that it has reached an agreement to acquire 100% of the ownership of Northgate Capital.

Read Full PostRead - Eye Icon
Cleanroom Innovation
Innovation
10/05/2022Cleanroom Innovation

Founded in 1993 by Gernod Dittel, DITTEL Engineering GmbH has over the years grown alongside the cleanrooms market. The importance and excellence of firms such as DITTEL Engineering has been significantly highlighted during the pandemic, with the massive incre

Read Full PostRead - Eye Icon
Unleashing Team Magic: A Dive into Small Business Synergy
News
20/05/2024Unleashing Team Magic: A Dive into Small Business Synergy

In the realm of small businesses, success often hinges on the collaborative efforts of a tight-knit team. Every entrepreneur dreams of assembling a group of individuals who complement each other’s strengths, work seamlessly together, and propel the busin

Read Full PostRead - Eye Icon
How to Improve your Chances of Being Eligible for a Claim
Legal
16/05/2023How to Improve your Chances of Being Eligible for a Claim

You have a chance to claim back hundreds or even thousands of pounds if you have ever been overcharged or mis-sold financial products. 

Read Full PostRead - Eye Icon
Equistone Partners acquire Averys
M&A
08/04/2015Equistone Partners acquire Averys

Equistone Partners acquire Averys

Read Full PostRead - Eye Icon
European Headquarters On The Way Out of London?
Finance
29/05/2018European Headquarters On The Way Out of London?

Along with Brexit causing a mountain of problems for every business in the UK, the much larger and market defining corporations are not exempt from the potential changes being made, this has seen many industry giants head out the Brexit door to mainland Europe

Read Full PostRead - Eye Icon
A Personal Experience in a Stubbornly Impersonal Industry
Innovation
31/08/2016A Personal Experience in a Stubbornly Impersonal Industry

Crazy Web Service works with all types of business models, from small businesses, charities to communities across the globe.

Read Full PostRead - Eye Icon
How Businesses Can Lead the Charge in Road Safety Initiatives
News
03/10/2024How Businesses Can Lead the Charge in Road Safety Initiatives

In today’s fast-paced world, businesses are increasingly playing a critical role in shaping safer communities, and road safety initiatives are no exception. As economies grow and expand, so does the need for adequate transportation infrastructure. Howeve

Read Full PostRead - Eye Icon
Driven by Success: Auto Europe Group – Imad Khalidi CEO of the Month: USA
Leadership
05/07/2016Driven by Success: Auto Europe Group – Imad Khalidi CEO of the Month: USA

For over half a century, Auto Europe has been a leader in worldwide car rental services.



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