A new report from the World Economic Forum identifies factories of the future that are reshaping manufacturing through the early adoption of game-changing technologies.
3 megatrends for the factories of the future - World Economic Forum
From AI-assisted design to digitally enabled sustainability, manufacturing is being re-engineered as a living system. What strategies will define the next generation of globally competitive factories?
Microfactories are small-to-medium, modular manufacturing facilities that use state of the art technology like AI to optimise their operations. They can create significant cost, efficiency and energy savings compared to traditional factories. While there are some businesses that have already successfully set up microfactories, some industries still need the right tools and frameworks to help ...
AI is transforming factories, optimizing production, cutting costs and boosting sustainability – the Global Lighthouse Network provides examples.
10 new manufacturing sites have joined the World Economic Forum’s Global Lighthouse Network. There are now 54 ‘Lighthouses’, the world’s most advanced factories, which are leading the way in the adoption of Fourth Industrial Revolution technologies. As well as increasing speed and productivity of operations, they are also committed to upskilling the workforce and boosting their eco ...
As Anish Shah, CEO of Mahindra Group, explained during the Keeping up with Smart Factories session, their digital transformation has enabled real-time production rerouting, predictive quality control, and energy optimization – all while empowering workers to make more informed decisions.
Lucknow: Reforms in the Factory Act and initiatives to ease working conditions have helped the labour department perform better over the years. The number of registered factories rose from 13,809 in ...