in The Forrester Wave™: Digital Operations Platforms For Manufacturing Businesses, Q3 2020.
TROY, Mich., Sept. 26, 2017 – Plex Systems, the leader in cloud ERP for manufacturing, today announced the release of its annual study, The State of Manufacturing Technology. In its third year, the Plex Systems study investigates manufacturers’ use of technology from the shop floor to the top floor. This year, the study finds four key reasons that the fourth industrial revolution has not only started, it has already become a major factor in manufacturing industry leadership.
The Plex Systems State of Manufacturing Technology study surveys more than 150 manufacturers including both mid-sized and large enterprises across a wide range of process and discrete industries including automotive, aerospace, electronics, food and beverage, industrial manufacturing and precision
The Fourth Industrial Revolution is Here
The Fourth Industrial Revolution (4IR) has been described as not only the next transformation in the way products are made and consumed, but a fundamental revolution in how the world works in a new, connected era. While academics and pundits project the 4IR out into the future, the 2017 Plex State of Manufacturing Technology study found at least four major facets of 4IR are already in place.
#1 The Cloud Powers Transformation
Cloud has resoundingly moved from “what’s next” to “what’s now” in manufacturing, as Plex has proven the superior performance, agility and reliability of cloud systems for
#2 Connectivity Drives Innovation
Connected manufacturing is among the most powerful technology-based shifts in a generation, just as important as the arrival of steam power, electricity or the automated production line. The Internet of Things (IoT) is fueling this revolution by making it easy to connect new devices,
#3 Supply Chains are Transforming
Not only is the cloud fueling a new era
#4 Manufacturers are Tapping the Power of Big Data
As manufacturers connect their production lines, supply chains, and even their products, the amount of data captured is growing exponentially. This year’s survey finds more manufacturers than ever are using that data to drive
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“The fourth industrial revolution is happening today on the manufacturing shop floor,” said Jerry Foster, Plex Systems CTO. “This is an industry that has always been about applying the most advanced technology to simultaneously fuel efficiency and innovation. It is an industry that is always excited to experiment, to try new devices and machines and ideas, whether that’s on the shop floor or across a global supply chain. This year’s State of Manufacturing Technology Report is another reflection of the awesome innovation engine inside every manufacturing organization.”
Plex Systems, Inc.® delivers the first smart manufacturing platform that empowers the world’s leading innovators to make awesome products. Plex gives process and discrete manufacturers the ability to connect, automate, track and analyze every aspect of their business—from the shop floor to the top floor —to drive business transformation. Built in the cloud, the Plex Smart Manufacturing Platform includes MES, ERP, supply chain planning, Industrial IoT, and analytics to connect people, systems, machines, and supply chains, enabling them to lead with precision, efficiency and agility in an ever-changing market.
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