A digital factory is a system that is a data-driven, interconnected system enabling mass customization of products and services. It optimizes business processes through the use of automation and robotics, allowing companies to respond quickly to changes in market conditions.
Enables the Digital Ecosystem
The digital factory enables the digital ecosystem. It provides the necessary tools for engineers and designers to work together seamlessly, enabling them to focus on what they do best.
You can do this by providing a platform for collaboration and communication between different roles and integrating third-party software or hardware that helps automate processes within a company’s workflow.
“Working at cross-purposes in a digital business environment may extend program delivery timelines or increase costs to unexpected levels,” explains Micro Focus experts.
Supports Business Transformation
If your company wants to transform its business, such a system can be strong support. For example, it can streamline processes and remove manual steps, significantly reducing costs and increasing efficiency. This, in turn, allows for greater investment in innovation initiatives or the creation of new products and services.
In addition to reducing waste by eliminating unnecessary steps and redundant activities, it gives you faster time-to-market for new products or services. You won’t be waiting on the physical production of prototypes or models that may need adjustments before moving forward with mass production.
Gives a Platform for Innovation
It is a system where you test new concepts, ideas and solutions. It offers a platform for innovation. You can do this in several ways:
- By providing early access to prototypes and innovations
- By providing access to data from previous projects that have been completed successfully
- By allowing you to receive feedback on new ideas and designs before they are implemented
Offers Rapid Prototyping for Production
Building such a system can reduce the time it takes to produce new products. This is because all of your manufacturing information is readily available and accessible.
You can create prototypes quickly and easily with the right software and automation. These prototypes represent your production standard, giving you a chance to test new designs before they hit the market. If something is not working, you have time to make changes before taking on large-scale production with your digital system.
Increases Lifecycle Integrity
One of the most important benefits of building a digital technology is that it reduces rework and waste. The best example of this is when you have a situation where an engineer creates something, but then the project changes or gets canceled.
So the engineer has to go back and create something new from scratch instead of just updating the existing product. This can be time-consuming and expensive, especially if they need to go through several rounds of review before getting approval for their changes.
With a robust digital system, there will be no need for additional approvals because everyone needs access to a version control system that keeps track of all versions and who made them. Hence, everyone knows what’s going on at any time.
It is a powerful tool that enables the digital ecosystem, supports business transformation and allows you to prototype production quickly. So, what are you waiting for? Get practical solutions today.