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( votes)The business world has witnessed incredible volatility since early 2020. One of the hardest hit is the manufacturing industry, due in part to everything from fluctuating customer demands, supply chain breaks, and workforce shortages to remote work and employee safety. Manufacturers that were quick to identify these changes and proactively adapt have performed far better than those that were not. As a result, more companies are realizing the need to expedite the move to digital. Research by Microsoft on five manufacturing trends driving the need for an industry cloud, 62 percent of manufacturers are accelerating their smart manufacturing investments, which equates to a 20 percent increase this year alone.
The Fourth Industrial Revolution is a Reality
The pandemic has revealed to us that the old ways of doing business are no longer satisfactory. As traditional markets up ended by delays in the supply chain, new markets are being built, and this always intense competition is on the rise. The difference between surviving and thriving is real; –and machine learning, remote assist, digital twin, and AI/AR technologies are part of this new reality.
Presenting Microsoft Cloud for Manufacturing
As the manufacturing sector deals with its biggest transformation, . businesses must be equipped with a technology platform that is integrated, intelligent, user-friendly, scalable, and secure. At Ignite 2021, the latest features of Microsoft Cloud for Manufacturing were unveiled. These features are advancing digital transformation in manufacturing in an end-to-end, holistic, scalable way. The connecting of intelligent, integrated cloud, and edge capabilities of the Microsoft stack to the highest value manufacturing scenarios allows businesses to increase asset and frontline worker productivity in safe and secure factories. This also accommodates remote selling and always-on service, as well as unlocking cloud-based innovation.
Essential Benefits for Manufacturers
When organizations of all sizes have the correct tools to manage their supply chain, finances, and operations, along with customer relationships support from a single application, manufacturers can gain complete control and visibility across all areas of the business.
Microsoft Cloud for Manufacturing provides capabilities such as Asset Productivity, Learning and Knowledge Management, Always-on-Service, Supply Chain Visibility, just to name a few. The Supply Chain Visibility capability is an exceptional asset as many manufacturers continue to battle with supply chain shortages. It allows manufacturers to create a digital supply chain twin, a digital depiction of the physical supply chain to predict disruptions and proactively overcome them. In the event of a global disruption, manufacturers can evaluate the impact both upstream and downstream, then perform simulations and model scenarios at scale to find the best solution and automate it.
Build and Innovate as You Grow and at Your Discretion
Lack of funding is still considered the biggest constraint to Industry 4.0 initiatives, according to recent research by McKinsey. HSO is thrilled that Microsoft Cloud for Manufacturing offers a modular framework that allows manufacturers to start small and build as they go. This solution is designed to give those that don’t have the budget or infrastructure to “rip and replace” more flexibility and control. In addition, HSO is an experienced implementation partner that can help guide them along the way with issues like prioritizing the capabilities they need to address their most critical business needs first, then cultivating a plan for change for ultimate growth over time.
Learn More from HSO at Our LIVE Webinar
HSO, consistently ranked as one of the top Microsoft partners globally, has focused on helping organizations get sustainable results for more than 30 years through the use of technology. At HSO, our goal is to help businesses solve their toughest digital transformation challenges, like:
We utilize a wide range of award-winning business applications designed to help your company reach its goals.
The post How Microsoft’s New Cloud for Manufacturing Will Transform the Fourth Industrial Revolution appeared first on CRM Software Blog | Dynamics 365.
