Master Copy All
Master Copy All
Master Copy All
Article II.
Technology has advanced a lot in the last few decades. There have been numerous
groundbreaking advancements that have revolutionised the way things are done. The
internet is now an important part of any business. No brand can do business without being
on the internet.
Computer software, big data analysis, fiber optics, drones, image recognition, artificial
intelligence and others now have a big role to play in different industrial sectors. This article
will examine how modern technology is helping various industrial sectors to advance.
The major industrial sector we are going to discuss are as follow:
It is logical to assume that, with today’s modern cutting-edge capabilities, that factories could be
heading for a more data-driven factory of the future where consumers, operators and designers will
all share information on everything from initial concepts right through to installation.
Operators could access all and any materials on demand, and work with robots to use them safely
while relying on virtual instructions via headsets or glasses. This will then in turn enable assembly
lines to produce high quality work, highly personalised products that have zero defects. Below we
highlight some of the technologies that are already driving much of the change in factory
environments:
(a) 3D printing
Rapid advancements in 3D printing have led to UK manufacturers exploring the use of the
technology in production, but what really are the possible benefits of 3D printing? Here we look at
customisation, cost, flexibility and speed to market.
3D printing is certainly not new with the technology first appearing more than 25 years ago.
Advancements in 3D printing continues to gain pace as manufacturers look for greater flexibility and
cost-savings in production, and the technology is now being embraced in a range of manufacturing
industries.
3D printing could be the key element in determining whether or not many manufacturing businesses
will flourish or fail in the future. Research indicates that 3D printing is revolutionising manufacturing
as we know it, which will see companies being able to fulfil consumers’ desires, creating personal
specifications on orders without significant time or cost constraints.
As the cost of the technology continues to fall, 3D printing now has the potential to fundamentally
change the economies of scale for the smaller, pioneering companies, opening up considerable
opportunities for innovation and growth.
It is therefore important that all UK manufacturers, whether they are a small independent firm or a
large firm with an international focus, start to consider the benefits of 3D printing and the impact it
may have, and is likely to have, on manufacturing over the next few years.
A product that is likely to have a short production run, or where there is uncertain demand, is
sometimes overlooked by manufacturers due to the high up-front tooling costs of production. 3D
printing would dramatically change this.
Whilst there are clear benefits of 3D printing, the technology also brings challenges such as the
potential cost of initial set-up and the possible problems that mass customisation may bring (too
many options could overwhelm customers).
It will be interesting to see how many manufacturers adopt 3D printing approaches in the coming
years and how that influences customer demand and buying patterns.
(b) Internet of Things (IoT)
The concept of having a factory that is ‘connected’ has been gathering pace over the last few years.
It essentially means expanding the ever-growing Web to link machines, computers, sensors and
humans to improve efficiency by enabling new levels of information processing, monitoring,
collection and analysis.
By incorporating this into factory life, it allows more precision and can translate all the data the
devices collects and turn it into insights that can help determine multiple things such as; how much
voltage is needed to produce a product or how temperature, humidity and pressure can impact
performance.
Before businesses can invest in IoT, it is essential that the said business figures out what is most
important to them and which information will be vital to future success. In addition to this, these
next-gen devices will also require next-gen workers who have the ability to work with and
understand complex machines but with a shortage of skilled workers, this may be difficult.
(c) Robotics
Robotics have played an important role in the line of manufacturing in last few decades.Any
repetitive task is a candidate for robotic manufacturing, especially if it's difficult or dangerous for a
human, or takes place in a hostile environment. What’s more, adding force sensing and vision
systems lets a robot adapt to changes in part position or orientation, increasing flexibility and
versatility. Good jobs for robots include:
These goggles (or anything similar for that matter) enable the workers to carry out much more
complex tasks and the augmented reality will allow for great precision and accuracy, as well as
notifying the worker of the risks being imposed.
Of course, businesses would need to conduct a thorough analysis of their own factory, as well as
their finances, to determine whether any of these technologies would benefit their business, or
would just be an expensive mistake. Therefore, all businesses should contact a professional in the
manufacturing sector before purchasing any new technology.
Medical nanodevices and materials are already in widespread use. Inorganic nanoparticles of
materials synthesized from metals such as gold or silver and ranging in size from 1 to 100 nm are
commonly used as contrast agents in in vivo tumor imaging and as molecular probes for the study of
cellular or subcellular function. Quantum dots fabricated from semiconductor materials are similarly
valued as alternatives to fluorescent proteins, organic dyes, or radioisotopes.
Also, most major cities have surveillance cameras set up at busy intersections,
tourist destinations, etc. to allow the local police and authorities to monitor
public spaces as well as compile evidence should a crime or tragedy happen.
(c) Evolution of artificial intelligence
AI is being utilized in major business sectors such as healthcare, mobility, and
financial services. However, large-scale expansion occurs when AI is combined
with machine learning and marketing. Elsewhere, AI is being used to run website
chatbots, and the ability to make use of it to create dynamic ads or landing pages
based on past user interaction is equally rewarding.
(d) Advancements in drone technology
The biggest technological advancement in drones has been that of remote
piloted and autonomous drones. In the most advanced cases, these drones can
sort of “think” for themselves given an expected outcome and a target.
Drones are not only being used for public safety by the police and fire
departments, but they’re also being used in the retail and food space to deliver
everything from Amazon purchases to pizza.
(e) Cybersecurity and cryptocurrency
The biggest cybersecurity advancement has happened indirectly through
cryptocurrency. In real life, there is no way to track each and every single coin or
euro that has already been spent, but with cryptocurrency, there is no central
market and since it’s based on the blockchain technology, it’s possible to
determine whether a Bitcoin transaction is valid or not.