Will YOUR Organization survive the Machines Transformation?
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Strategic
Imperatives -
Growth
Gap -
The Yellow Brick
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Transformational
Growth
Strategic Imperatives For Machines
Growth in manufacturing will be impacted over time if vendors of industrial machinery fail to embrace digitalization.
Investing in technologies to aid sustainability and carbon capture will enable machine manufacturers align their long-term strategies with those of governments.
Effective coordination among stakeholders, such as machinery vendors and government agencies, is crucial to optimize innovation and promote sustainability.
How do you shift from where you are to what you want to become? How do you fill the gap?
Based on those strategic imperatives the gap between where you are now and where you need to be to achieve transformational growth is daunting.
Effective Growth Coaching increases productivity by over 53%
Over 40% of professionals would like to have more meaningful networks
84% of Executives say Innovation is critical but lack resources
The Three Components Required for Transformational Growth
Growth Opportunities for Machines
Connected Machines
- Industrial 5G
- Sensors
- Predictive Maintenance
- Improving Uptime, reduced inventory
Robotics
- Industrial Machining
- Robotic Machine Tending
- Material handling, assembly, and inspection
Evolving business and data usage models
- Data analytics solutions, Cloud
- Artificial intelligence (AI) and machine learning (ML) platforms
- “As-a-service” business models
Asset Health Monitoring and Maintenance
- Advanced Predictive Maintenance Solutions
- Advanced Predictive Maintenance Solutions
- Remote Monitoring and Maintenance Services
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Recognizing Excellence and Leadership in Machines for 20 years
Our best practices analysis provides in-depth examination of successful strategies and tactics used by leading companies across all industries, and offers recommendations for implementation to drive performance and success
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Blurring the Line Between Fiction and Reality: The Industrial Metaverse
Industrial SaaS: Accelerating Manufacturing Growth with Data-Driven Operations
Digitization: Contribution to capacity utilization
The Entry of the Augmented Worker and the birth of a new operational paradigm
Sustainable Manufacturing: Embracing Green Growth and Innovation with the 6 Rs
High-Tech Revolution: Industrial Robotics and Automation for Growth
Generative AI - Exploring Potential & Possibilities
Intelligent Automation: Chasing Autonomous Manufacturing through Industrial AI
Connected Machines: Opportunities for machinery manufacturers
Software-based Automation - The Move to Controls Abstraction
Connected Factories: Driving Smart Manufacturing Growth with Next-Gen Connectivity
Pump Monitoring Innovations: Reducing Costs, Increasing Uptime
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Are You Optimizing Your Growth Strategy to Leverage Key Opportunities in the Machines Industry?
Are You Optimizing Your Growth Strategy to Leverage Key Opportunities in the Machines Industry?
The industrial landscape is undergoing a profound transformation —from predictive maintenance to autonomous functions, artificial intelligence (AI) is changing the way machines operate. Furthermore, the growing use of renewable energy is also playing a critical role in shaping the domain, prompting manufacturers to explore innovative business models to capitalize on this shift in energy sources.
In Frost & Sullivan’s latest Machines industry webinar, Growth Expert and Research Director, Krishnan Ramanathan, delved into Performance Monitoring Features and Renewables Offering Growth Opportunities for Machine Manufacturers. He highlighted industry megatrends, technological disruptions, the competitive scenario, and top growth avenues for machine manufacturers.
Note: Gain valuable perspectives from the industry expert by clicking here to access the recorded session of the webinar.
Harnessing the Power of Technology to Deliver Customized Solutions
As industries continue to evolve and diversify, the ability to deliver personalized solutions has become increasingly important for machinery manufacturers to meet the specific demands of their clients and remain competitive in the industry. How is your team utilizing latest technologies to customize solutions for customers, giving your company a competitive advantage?
Shifting Production Activities to New Regions
The manufacturing industry is experiencing a notable change as production activities increasingly move towards the Asia-Pacific region, specifically China. With its attractive combination of competitive prices and accelerated time-to-market, the region has become an enticing choice for businesses. Is your organization adapting its growth strategy to align with this geographical shift in the manufacturing industry?
Getting Ready for a Future Fueled by Robotics
The rise of smart manufacturing has expanded the use of robots in different stages of production. Businesses are enhancing workplace safety, boosting efficiency, and cutting down expenses by implementing robotic systems. How is your organization capitalizing on the growth opportunities emerging from the rising adoption of robots in the manufacturing industry?
Adopting Servitization as Your Key Distinction
Servitization, the practice of offering comprehensive post-sale services to cultivate lasting connections with clients, is gaining momentum and empowering manufacturers to set themselves apart in the field. How is your team incorporating servitization into your competitive strategy to stay ahead of the curve?
Seeking Sustainable Solutions Through Renewable Energy
The pursuit of a greener future is transforming the way the manufacturing world is powered. As carbon neutrality becomes a priority, businesses are investing in eco-friendly technologies to support the transition to renewables. Is your company embracing sustainable solutions to bridge the growth gap within the transforming machinery sector?
Leveraging the Growing Popularity of Electric Vehicles (EVs)
There’s a significant rise in the demand for lithium-ion batteries, which serve as the primary energy storage solution for EVs. Global companies are investing heavily in battery production facilities and development of associated technologies to cater to the growing demand. As a battery manufacturer, what best practices are you implementing to build a robust growth pipeline during this period of transformation?
Quote:
“In the face of large-scale emission reductions, the industrial sector and energy systems stand at the crossroads of challenge and opportunity. Yet, within these challenges lie the seeds of progress and innovation.”
Krishnan Ramanathan, Growth Expert and Research Director at Frost & Sullivan