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Digital Is Changing The Economics Of Manufacturing

Digital Is Changing The Economics Of Manufacturing

Written by Paul

August 2, 2018

Digital manufacturing is rapidly changing the fundamentals of how products are developed, scaled and manufactured. By digitizing traditional manufacturing methods, including injection molding and CNC machining, and leveraging newer technologies, like 3D printing, the industrial internet of things (IIoT) and artificial intelligence (AI), companies are optimizing their supply chains, reducing development cycles, increasing efficiencies, and driving down costs. The Fourth Industrial Revolution continues to gain traction and is completely changing the economics of manufacturing, for those willing to embrace the change that is.

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