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Design Hardware & Software

Digitizationís Role in the Transformation of Manufacturing

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apresher
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Digitization's Role in Manufacturing
apresher   9/11/2013 3:37:32 AM
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Very informative post. It's interesting that the Oxford study cited points to changes in business process and strategy/planning on new products as primary goals for manufacturing companies in the short term. And more than half basically say their manufacturing operations are already run very efficiently. It makes sense that transforming the business process through digitization is the major area for growth and change.

Charles Murray
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Re: Digitization's Role in Manufacturing
Charles Murray   9/11/2013 9:56:07 PM
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If you look at the Oxford study, it's interesting to note that additive manufacturing and 3D printing is expected to grow 123% in the next few years.

Ann R. Thryft
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Re: Digitization's Role in Manufacturing
Ann R. Thryft   9/16/2013 2:09:39 PM
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Chuck, I'm surprised that the percentage increase is that low. The Lux Research study we wrote about here http://www.designnews.com/author.asp?section_id=1392&doc_id=262205 describes an overall growth in dollar value of more like 800% over 13 years. What was the time period in the Oxford study?

Charles Murray
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Re: Digitization's Role in Manufacturing
Charles Murray   10/8/2013 6:57:23 PM
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The Oxford study covered the next three years, Ann.

http://www.designnews.com/document.asp?doc_id=264380

Ann R. Thryft
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Re: Digitization's Role in Manufacturing
Ann R. Thryft   10/9/2013 12:06:02 PM
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That explains it--the bigger rise occurs later in the 13 years covered by the Lux study.

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