Do you know what the future holds for the industry? Learn about the main trends and what they can mean for asset management!

The industry has been undergoing significant transformations in recent years, with the emergence of new technologies and the evolution of automation and digitization. The Internet of Things, artificial intelligence, and robotics are some of the technologies that are changing the way companies produce and interact with their customers. Therefore, it is important to pay attention not only to what is happening now but also to the future prospects of the industry.

In this article, we will explore the future of industry and its transformations, discussing the challenges and opportunities that companies should consider to remain competitive in the market.

Disruptive technologies and their influence on the future of industry

Since the Industrial Revolution, the industry has experienced constant changes. However, the technological evolution of recent years accelerates the transformation of the industry in a surprising way. The main technologies that are shaping the future of the industry include the following.

Internet of Things (IoT)

The Internet of Things (IoT) is a rapidly expanding technology area with the potential to revolutionize the industry. The IoT connects devices, sensors, and applications in the cloud to allow devices to communicate with each other and with users. This interconnectivity of devices and data enables the creation of new, smarter and more efficient business solutions.

In the industry, IoT has been used to improve asset management, providing deeper visibility into production processes. By collecting and analyzing real-time data, manufacturers can increase productivity, reduce costs, and improve product quality. Additionally, companies can use IoT to remotely monitor equipment conditions, detect failures early, and prevent machine downtime.

Artificial Intelligence (AI)

The future of AI in the industry looks very promising. There are ongoing projects that use advanced algorithms to automate industrial processes and improve quality and efficiency.

AI uses algorithms to predict equipment failures or problems before they even occur. This is possible through the analysis of historical data such as equipment performance, usage, and maintenance, combined with current information such as environmental and operating conditions.

AI systems use this information to identify patterns and trends as well as detect potential problems, assisting the responsible team in taking preventive measures to avoid failures and equipment downtime.

Robotics and Automation

With the evolution of artificial intelligence and other emerging technologies, robotics and automation are becoming increasingly advanced and capable of performing complex tasks. Seen as the key to increasing operational efficiency in the industry, they are essential to improving worker safety, reducing costs, and increasing product quality.

In industrial asset management, some of the perspectives include:

  • Performing preventive maintenance inspections of equipment more efficiently and accurately than humans;
  • Continuously monitoring asset conditions, providing important data for equipment life cycle management;
  • Identifying equipment problems before they occur, allowing the maintenance team to act proactively instead of reactively.

Preparing the company for the future: what needs to be done now

To prepare for the future, it is necessary to implement advanced asset management systems. This includes the use of technologies such as Artificial Intelligence, Internet of Things, and Robotics, which are already being successfully used by companies in various sectors.

These technologies allow for process automation, equipment efficiency improvement, and waste reduction, as well as increasing the lifespan of the company’s assets. Additionally, they offer clear, real-time visibility of equipment status, allowing for more informed and strategic decision-making.

The importance of these tools for the future of industry and asset management is undeniable. With technological evolution accelerating more and more, it is essential that companies are prepared to keep up with these changes and take advantage of all the benefits they bring.

Take the opportunity to get to know Manusis 4.0, an advanced and innovative asset management platform, capable of making your management even more efficient. Request your demo now and be ready to face the future with much more security and competitiveness!