Digital reinventing manufacturing

With the acceleration of the digitization process of the manufacturing industry, the data of the Big Data Research Institute show that in the past seven years from 2017 to 2023, in addition to the impact of the epidemic in 2020, the demand for jobs related to the digital transformation of the manufacturing industry has been growing. Digital transformation is driving the establishment of new production factors, research and development paradigms and business models, bringing unprecedented value to the manufacturing industry.

MMS3120/022-000 Digitalization is reshaping the future of the manufacturing industry. This change process is not only the subversion of the original supply chain system, but also affects all subsectors of the manufacturing industry and every link of the industrial chain value chain. The core of this transformation is to reduce costs, improve efficiency and stimulate new business models, providing new possibilities for many fields to stabilize the development power with higher efficiency.

Industry trend insight three

Smart sales led the growth

With the development of the industry in the direction of intelligence and digitalization, manufacturing enterprises want to break out in the fierce market competition, and more importantly, how to jump out of the traditional sales model to build their own core competitiveness, and use digital means to find new breakthrough points in the market. As the closest link to the enterprise’s core goal of “profitability”, marketing digitalization has become the first priority of most enterprises’ digital transformation.

MMS3120/022-000

Industry trend insight IV

The demand for customization is prominent

MMS3120/022-000 In the context of weakening demand in the global market, due to changes in consumer demand, personalized and flexible manufacturing enterprises have become the direction of product innovation development, China’s manufacturing enterprises have sought to transform from production to service-oriented enterprises to meet the diversified and personalized needs of consumers. This indicates that the product life cycle and update cycle is getting shorter and shorter, in the severe environment of innovation, design ability is insufficient, and cost is greatly increased, enterprises need to pay high attention to user needs, change development ideas, actively change to the high-end market and value-added services, and enhance their core competitiveness. Build a new form of development of “manufacturing + service”, away from homogenized competition, and find new growth points.

At this turning point, manufacturing is no longer just a contest of scale and speed, but also a contest of innovation and quality. We are pleased to see that more and more manufacturing enterprises are using the power of digitalization to promote product innovation, service upgrading, and operation optimization, illuminating the road of industrial transformation and upgrading with their own light, and illuminating the direction of China’s economy. It is believed that under the ability of number intelligence, there will be more manufacturing enterprises in the stock and the future expected increase in the market, re-create brilliant.