Driving Manufacturing Growth and Job Creation in Central Pennsylvania
In industrial manufacturing, robots are shedding their cages, where they have toiled for decades, and now collaborate shoulder-to-shoulder with their human co-workers. They’re working on dangerous and onerous industrial tasks, while also carrying out other tasks of great dexterity and precision such as soldering microchips. As robots take on more, and promise more – and as adoption costs continue to decline – a wealth of options for manufacturers are opening that did not exist even a few years ago.
A perfect storm of factors favor robot investment in 2018 and 2019
While robots have been edging into human work at a rapid pace for some time, 2018 seems to present an inflection point on even wider adoption. A number of trends are begging the industrial sector to take a closer look at robot adoption, including greater pressures to customize products, rising global competitiveness, and a tightening industrial labor force. Another trigger is the 2017 overhaul of the US tax code, which frees up cash for manufacturers that could be earmarked for automation technology.
Strategies around robotics integration
Any new manufacturing technology requires a well-informed and scalable strategy. Industrial automation can be a considerable investment. Based on PwC’s experience in working with manufacturers integrating robotics automation, there are three main areas new adopters (and those expanding their current adoption) would do well to think through before committing to investments in time and capital:
Robotics and its role in the factory of the future
Manufacturers are finding value not only in the instrumentation of machines on the shop floor, but also from data captured in other parts of the operations, including materials, parts, labor and workflow records. Such data, when aggregated with other data (customer, financial, environment, etc.) can serve as the basis for insights and actions.
During the webinar, we will walk through the ways new adopters can systematically build robotics into the fabric of operations to capture valuable data, and always with an eye to the digital future.
Steve Pillsbury, PwC Principal, Digital Operations Leader
Steve is the digital operations leader at PwC, leading operations and strategy engagements for manufacturers. His team helps manufacturers define and execute strategies to modernize their operations through digital/IIoT enablement, including digital factories, connected supply chains, new manufacturing methods, connected field services, and the full digitization of product development. Steve has worked with IIoT sellers to help them develop innovations that address the outcomes manufacturers seek, and has worked with IIoT buyers to help them define the art of the possible and incorporate digital capabilities into their operations.
Tom Foth, Director, Emerging Technology Labs at PwC
Emerging technologies have become a critical factor of PwC’s most successful clients’ strategic portfolios, providing large opportunities in business growth, performance, and game-changing disruption. Tom leads PwC’s Emerging Technology Labs. He is a technologist and innovator with 46 patents.