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The Digital Thread is not a single technology but an entire ecosystem that links various enabling technologies to ensure smooth, continuous data flow. It integrates diverse tools and systems to maintain an uninterrupted stream of information across the manufacturing lifecycle. Industrial IoT sensors gather real-time data from machines, while cloud ...

Contact centers are crucial in manufacturing, serving as the primary interface between the manufacturer and its customers. Manufacturers investing in their contact centers and providing excellent customer service can enhance customer experience (CX), build long-term customer relationships, and gain a competitive advantage. The importance of CX in...

Manufacturers face several challenges the continuing effects of the COVID-19 pandemic, a shortage of skilled workers, supply chain disruptions, cybersecurity issues, and geopolitical risks such as the Russo-Ukrainian War. To thrive, they need to be agile in an increasingly disruptive world while meeting their business and operational objectives. ...

PACCAR Inc is expected to increase its medium- and heavy-duty truck unit sales at a compound annual growth rate of 4.8% from 2016 to 2025, which will help it maintain its share of the global truck market. While rising unit sales will not be the key driver for sustained profitability, revenue from services such as telematics-based fleet management s...

23 Aug 2022  |  Global  |  Market Research

Growth Opportunities for Digital Twins in Manufacturing

Next generation Digital Twins Enabling Transformational Growth in Industrial Manufacturing

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Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementi...

The Middle East manufacturing sector is undergoing a structural transformation driven by decarbonization imperatives, energy transition, and the economic diversification agendas of the Gulf Cooperation Council (GCC) governments. Carbon intensity is emerging as a key competitive differentiator, particularly as the European Union (EU)'s Carbon Border...

Stringent emission regulations boost the growth of the emerging EV industry. Supply chain disruptions caused by COVID-19 and the Russo-Ukrainian war have led to a surge in commodity prices, which affected the global automotive value chain. In addition, economic sanctions between multiple countries have complicated the procurement of EV components;...

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to High-Precision Actuators for the Next Generation of Humanoid Robotic, AI-Driven Dexterous Humanoid for Industrial Workforce Collaboration, AI Enabled Hybrid Platform For Enhanced Manufacturing Efficiency, Advanced Spool Welding Robot For Enhanced We...

The metals and manufacturing sector across the Middle East is undergoing a fundamental structural shift, driven by the convergence of decarbonization mandates, energy transition demand, industrial localization policies, and digital transformation imperatives. This study examines the evolving competitive landscape and identifies ten high-priority gr...