Data Inventions recently attended FABTECH 2021, North America’s largest metal forming, fabricating, welding, and finishing event. It was clear to anyone in attendance that the future is now. Manufacturers understand the promise of Industry 4.0, are focused on results, and are no longer tolerating the empty promises of vendors who can’t deliver the data they need. Specifically, three takeaways jumped out in nearly every conversation our team had:
1. Discrete manufacturers need better access to data.
Manufacturers are looking for solutions that get the team on the shop floor the data they need to be successful. They know that better access to data drives business success, and that remaining competitive requires a far better, granular understanding of the floor.
And discrete manufacturers know the only way to gain that understanding is through access to real-time data.
2. Execution and implementation matter.
Manufacturers need more from their technology partners. They need vendors willing to work side-by-side with their clients to ensure a smooth deployment. They need partners that continue to work collaboratively to ensure a maximum return on their investment.
Unfortunately, too many vendors fail to meet that standard.
3. Discrete manufacturers want full control of their data.
Manufacturers are talking about their business differently. They are grasping just how important technology is to their business—especially the ability to access and fully control their data. Tactics like requiring owners to invest in proprietary software to gain access to data or risk losing their machine warranty are being increasingly rejected. Manufacturers want full control of their data assets and will accept nothing less.
Vendors must accept that the train has already left the station. Manufacturers own their data.
Manufacturers and attendees of FABTECH 2021 know Industry 4.0 has arrived, and we look forward to working with them to turn that knowledge into action.
Alora by Data Inventions is the manufacturing intelligence platform that delivers access to real-time data, is implemented in a collaborative partnership that ensures a high return on investment (ROI) and gives plants full access to and control over their data.