Manufacturers Reduce Human Intervention by Accelerating Digital Adoption
LOS ANGELES, DECEMBER 11, 2020 Historically, manufacturing has been highly dependent on the human workforce and a little conservative in adopting advanced digital technologies such as robots, immersive reality, and IIoT to replace the human intervention. However, this changed drastically when manufacturing companies reported losses due to workforce shortages during pandemic, as they started relying on AR/ VR based solutions for remote assistance and training, bots for technical assistance on shop floor, IoT for reducing onboarding time and simplifying reskilling, and AI-based visual inspection to detect defects. The investments on real-time monitoring and AR/VR-based remote assistance could help manufacturers realize 11% productivity gains through reduction of human intervention. These emerging trends are covered in Avasant’s new Manufacturing Digital Services 2020-2021 RadarView™ report. The report is a comprehensive study of digital services in manufacturing space, including top trends, analysis, recommendations, and a close look at the leaders, innovators, disruptors, and challengers in this market. Avasant evaluated 30 providers using three dimensions: practice maturity, partner ecosystem, and investments and innovation. Of those 30 providers, we recognize 21 as having brought the most value to the market during the past 12 months. The report recognizes service providers in four categories:
- Leaders: Accenture, Capgemini, HCL, IBM, Infosys, TCS
- Innovators: Atos, Cognizant, LTI, Wipro
- Disruptors: DXC, Genpact, NTT DATA, Tech Mahindra, UST Global
- Challengers: Birlasoft, CGI, Mindtree, Softtek, Virtusa, Zensar
- Integrate AI and predictive analytics for supply chain disruption. Analyze supplier data and reoptimize inventory level based on demand.
- Digitize the warehouse by leveraging robots, drones, IoT, and analytics to facilitate order picking, product assortment, and real-time inventory monitoring for reducing cost and manual efforts.
- Leverage digital training options such as AR/VR-based remote learning, app-based microlearning, and on-demand training modules.
- Deploy digitally-enabled safety measures specific to employees (wearables for health monitoring) and manufacturing facilities (sensors to track temperature) to reduce injuries.
- Evaluate divestment or launching new entities to reduce operational costs and increase revenue through monetizing evolving opportunities.
- Partner with IT and business process service providers to integrate digital capabilities and expedite transformation across the entire value chain.