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Despite volatile economic conditions, the manufacturing industry is continuing its push for the “smart” digital factory. Some of the pressures spurring growth in digitalization include labor shortages, sustainability goals, and increased demand for products. In our manufacturing industry outlook, we highlight 6 significant trends that manufacturers and technology suppliers should think about as it relates to a 2023 game plan.
In chemical manufacturing, potential failure can happen in many operational areas. This is because of the complex nature of chemical production and the large number of assets deployed in a chemical plant. To reduce the frequency of manufacturing inefficiencies, the chemical industry should invest in digital transformation. Beyond operational efficiency, digital transformation in the chemical industry helps companies meet other agendas, such as workplace safety, sustainability goals, and tackling labor shortages.
Automation is bound to serve a crucial cellular network function in the face of increased enterprise digitization. The accelerated demand for connectivity, in tandem with more data generated on enterprise premises, makes the manual configuration of cellular networks inadequate. Network automation is important for optimizing limited radio resources in an age when 5G technology introduces more complicated network management.
Private 5G cellular network deployment is one of the primary drivers for digital transformation in the Asia-Pacific region. 5G is the technological evolution that many enterprises in the region have been waiting for as demand for increased data speeds, enhanced signal reliability, better coverage, lower latencies, and improved network efficiencies grows. To provide a clearer picture of the growing prevalence of 5G business opportunities in Asia-Pacific, this post highlights three intriguing case studies in this potential US$13.5 billion market (by 2028).
5G brings many advantages to healthcare, made possible by network capabilities like Enhanced Mobile Broadband (eMBB), Ultra-Reliable Low Latency Communications (URLLC), and Massive Machine Type Communications (mMTC). Compared to previous cellular generations, private 5G networks are better suited for healthcare use cases that require high data rates across a wide area of coverage, have specific latency requirements, and need to support many devices.