A bright future for manufacturing: Advancing technologies and changing policies

Photo by David Bohrer/National Assoc. of Manufacturers

By Craig Giffi and Michelle Drew Rodriguez

The manufacturing industry is changing rapidly, as the convergence of the physical and digital worlds propel an exciting evolution. 3D printing (or additive manufacturing) offers bold, flexible new ways to create sophisticated goods. Products with built-in sensors linked to the Internet of Things offer long-term insight into product performance and opportunities to reinvent customer relationships. And artificial intelligence and machine learning are shifting some of the more repetitive tasks to computers, informing better decision making by human workers and freeing up time for more creative work.

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Cyber risk in advanced manufacturing: addressing talent-related challenges

By Sean Peasley

In a recent Cyber risk in advanced manufacturing1 study Deloitte conducted in collaboration with MAPI, we found that the lack of skilled talent in the cybersecurity function represents a significant challenge for manufacturers, especially for midsize companies ($500M-$5B in revenue). Additionally, we found manufacturing executives taking part in the study indicate that four of the top ten cyberthreats facing their organizations are directly attributable to internal employees. These threats include: phishing/pharming, direct abuse of IT systems, errors/omissions, and use of mobile devices.

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Building the talent pipeline: Managing perceptions of manufacturing versus reality

Photo by David Bohrer/National Assoc. of Manufacturers

By Craig Giffi and Michelle Drew Rodriguez

Manufacturing DaySM, an annual celebration of modern manufacturing designed to link manufacturers, students, educators, and their communities, awaits just around the corner on October 6. In recognition of this ambitious event that’s grown by 1000 percent since its introduction in 2012, let’s take a closer look at a recent study by Deloitte, The National Association of Manufacturers, and The Manufacturing Institute1 on the perception of manufacturing.

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Accentuate the future: Attracting talent to the modern US manufacturing industry

By Craig Giffi and Michelle Drew Rodriguez

For many brands, from apparel to automakers, “Made in the USA” has long been a source of pride and differentiation. Americans continue to hold the US manufacturing industry in high regard. In fact, according to a study by Deloitte, The National Association of Manufacturers, and The Manufacturing Institute, manufacturing is viewed as very important to America’s economic prosperity (83 percent), standard of living (81 percent), and national security (62 percent).1

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Cyber risk in advanced manufacturing: executive and board engagement

By Sean Peasley

The manufacturing industry is vulnerable. Nearly 50 percent of executives surveyed in a recent Cyber risk in advanced manufacturing1 study Deloitte conducted in collaboration with MAPI indicate they lack confidence their company’s assets are protected from external threats. Additionally, 48 percent of cyber risk executives surveyed believe while senior management is committed to improving the company’s cyber-risk profile, obtaining adequate funding to support key cyber initiatives such as risk assessment, data protection, cyber threat monitoring, incident response planning, and employee awareness remains a significant challenge.

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The future of IoT: Two research advances from the lab

By Joe Mariani

Excerpt: Businesses need to keep pace with technology developments to stay competitive.
In today’s environment of technology-driven change, businesses have a vital need to know what the next technologies will be. The sooner a company knows what technologies are coming, the sooner it can begin to build business models and strategies to take advantage of them. New technologies can emerge from any number of sources, from the military to a student’s dorm room. But many of the cutting edge advances that will likely drive future change are also currently experiments in the labs of computer scientists. This blog will highlight two such research advances which point towards the future of the Internet of Things (IoT) and all of the industries that it touches.

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The Journey to Industry 4.0: Watch the Webinar

By Brenna Sniderman

One question I get a lot focuses on the difference between Industry 4.0 and the Internet of Things. “Aren’t they the same thing?” Well, they are and they aren’t. The Internet of Things is a construct by which objects are connected and made smarter. Industry 4.0 connotes the fourth Industrial Revolution, in which this interplay between digital technologies and the physical world is scaled to an industrial level to enable connected production, supply chains, business operations, and beyond. In essence, it’s a scaled up, amped up, industrialized version of the IoT—which is why Industry 4.0 is also known to some as the Industrial Internet of Things.

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Splitting image: How digital twins can drive value

By Jonathan Holdowsky

I have heard it said that, somewhere in the world, there is someone who could be your exact double. Now, I’m not referring to genetic twins. I am talking about look-alikes who have no blood relation to you whatsoever. Whatever its scientific basis, this spooky notion has often found its way throughout literature, mythology, and film. The Germans name this ghostly counterpart a “doppelganger”; the French, a less awkward “sosie”. That there could be a twin stranger somewhere in the world may strike you as unsettling—or quaintly amusing. But if you ever did cross paths with your doppelganger, you could at least take solace in the fact that the resemblance would be merely skin-deep. This mirror companion would not actually be you.

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