“The velocity of technology advancement, especially for the manufacturing industry, is exponential.”
Exponential technologies provide the scalability that modern businesses often lack with their legacy technologies and outdated practices. Industrial manufacturers are focusing on these technologies as a foundational approach to innovation across both products and processes. In this era of rapidly accelerating transformation, organizations of all types must develop the ability to innovate rapidly, or get left behind by the competition. Today’s manufacturing is focused on technology-driven innovation that enables businesses to build new capabilities and develop new products and services. Exponential technologies have the capability to optimize processes and controls across production and operations, providing manufacturers with a major advantage.