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Wednesday, January 10, 2018

Manufacturing Sector Set for Significant Change in 2018

 
SME Channels, January 3, 2018; By Thiru Vengadam, regional vice president India at Epicor Software

Manufacturing, along with virtually all other industries, is going through a significant period of change. Driven by rapid technological development, manufacturers are having to work smarter, operate more efficiently and be prepared to innovate. As an enabler of growth, technology will play a key role in empowering businesses to innovate and seize the opportunities that will present themselves in 2018.

But where exactly are these opportunities likely to come from? Here, we identify the top trends that we believe will be central to success in the upcoming year.

 - The need for flexibility

 - Transitioning to Industry 4.0

 - Customer experience is king

 - AI-driven future
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Organizations that concentrate on making themselves smart and agile will be the ones that are best positioned to take advantage of growth opportunities in 2018. For manufacturers, this process starts by ensuring that internal software systems are fully supported with the latest updates, thereby enabling them to react to change and view them as opportunities rather than threats.

Published by HT Digital Content Services with permission from SME Channels. For any query with respect to this article or any other content requirement, please contact Editor at content.services@htlive.com.

Copyright 2018 Accent Info Media Pvt. Ltd. All Rights Reserved.

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