The future of businesses in all industries depends on technological innovation. How will this affect manufacturing in the Asia-Pacific region?
The manufacturing sector is preparing itself for significant technological shift, with a range of emerging trends prompting operational changes.
In particular, technology such as 3D printing is changing the way manufacturers prototype products. Emerging technology is central to increasing innovation within the industry, a practice the International Data Corporation (IDC) stated will be essential to the Asia-Pacific region's success.
In its latest infographic, the firm supported its belief that innovation will be an important key to success for manufacturing businesses in the region. IDC found that adopting new technology services will be an essential feature of this pursuit, especially as new opportunities to integrate 3D printing into design workflows emerge.
IDC identified 3D printing as an "Innovation Accelerator" for the region due to its ability to disrupt existing practices. However, Principal Research Manager S Ramachandran said various countries within the region are all responding to pressures to innovate in their own way.
"Given the varying maturity level of technology adoption and priorities across Asia Pacific, each country in the region has its own innovation focus," he explained.
"As the governments, in partnership with private players, define the road map for their country, key themes start emerging."
Australia's key focus, according to IDC, is aimed at creating a more agile supply chain to support innovative practices.
PricewaterhouseCoopers also investigated the disruptive effect 3D printing is having on the manufacturing industry, recognising its availability to businesses of all sizes. While 3D printing has established itself as a capable prototyping method, the firm found it's just as valuable for final production as well.
Future of Making Things Breakfast Event
Wednesday, December 9th, 7:30 -10:00 AM
Carlton Connect Initiative, Lab 14
700 Swanston Street
Join us for this free breakfast event on the Future of Making Things.
Manufacturing in Victoria is changing significantly with manufacturers looking to diversify from traditional markets like automotive and find new markets.
Held in the innovative Carlton Connect Initiative lab, this free event will educate manufacturers on where future business might come from, how other companies are innovating, new and emerging technologies and the assistance programs currently available to Victorian manufacturers looking to innovate.
Redstack provides Australian businesses with a range of products, solutions and services to ensure they have the resources they need to complete their projects. Contact us for more information.