Industrial journalist, TR Cutler predicted 2020 manufacturing trends in Manufacturing Outlook e-zine. According to Cutler, most manufacturers are still at very early stages of IIoT (Industrial Internet of Things) machine learning, especially in business applications and 2020 machine learning will be more clearly explained with broader analytics and become better-defined with value creation. Even the small manufacturers will look for access with connected overall analytic strategies and transformation optimizing.
2020 analytics quality and value metrics will become the mainstream KPIs to guide future analytics, AI (Artificial Intelligence) development, and technology investment.
RPA (Robotics Process Automation) and Cognitive Process Mining will become even more important for both back office accounting and functions (sales, marketing, product development) to drive more efficient process execution as well as optimizing; totally changing how these processes will function in the future.
The 2020 buzz of Pricing Optimization, CPQ (Configure Price Quote), Digital Transformation, and Visual Commerce will all be driven by the D2C (Direct to Consumer) channel. Only when manufacturers leverage both objective data and analytics-driven insights, concurrent with human intuition will the promise of these technologies be realized. No longer can industry rely on tribal knowledge and a hunch. 2020 and beyond is a human data-driven process driving the best of lean manufacturing principles and eliminating waste and speculation.
Jacket Media is the parent company of Manufacturing Outlook e-zine. Lewis Weiss is the founder and President of Jacket Media, the parent media company which produces the flagship program Manufacturing Talk Radio, as well as The WAM Podcast (Women And Manufacturing) with host Frances Brunelle, Where’s Willie, Full Time with Amy Nicklaus, and Manufacturing Matters with Cliff Waldman.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 20-year anniversary of the Manufacturing Media Consortium.
Cutler has authored more than 7,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4200 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
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