As we approach the fourth industrial revolution, hyper-connectivity and 5G is set to revolutionise manufacturing sector. Mysore Madhusudhan, Executive Vice President - Collaboration and Connected Solutions, Tata Communications shares some key insights that manufacturers can use to empower businesses with 5G for successful transformation.
Since the dawn of the internet, the world as we knew it transformed to become a global village. We don’t depend on letters which take weeks to arrive at its destination or go to call centres to make international calls. With a few taps on a keyboard, we can send emails to connect with family or business partners across the globe instantly.Factories of the future must consist of man, machine, and material working seamlessly together to create a diverse ecosystem of ‘connected things’. Man: This consists of solutions that place people at the centre of digital transformation to achieve business goals such as improving employee safety and productivity by using augmented and virtual reality (AR/VR) solutions for remote monitoring and quality assurance. Machine: This consists of solutions that place operational equipment at the centre of digital transformation to achieve business goals such as predictive maintenance to ensure zero unplanned downtime. Material: This consists of solutions that place the raw material at the centre of digital transformation to achieve business goals such as improving cycle time by monitoring the precise input of resources. Factories of the future"We’re currently in an age of hyper-connectivity and 5G will be the fuel to propel smart factories of the future."
"When planning digital transformation projects for factories, manufacturing leaders must go beyond the first three Ms (man, machine, and material), to also include two new Ms – method and market – to unlock the full potential of a 5G-enabled smart factory."
To truly transform, enterprises will have to do more than just provide IoT connected devices. The digital transformation journey will have to be business-outcome focused and will require a revamped business strategy that’s enabled by the right set of technology and solution providers. The key elements that will enable the 5 Ms and IoT in the 5G era are:"The Internet of Things (IoT) is a key enabler of digital transformation for factories of the future."
We’ve also written more about how our platform can help industries such as automotive, manufacturing, and healthcare to digitally transform. So, click here for a deep-dive on how Tata Communications can transform your enterprise with 5G-enabled IoT."To successfully transform, manufacturing leaders must consider using the right technology, the right partner, flexible modules, and the ability to receive a return in investment, sooner rather than later."