Factory of the Future - Beyond the Assembly Line
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2:56 Minutes
The factory is getting a facelift, thanks to a raft of new technologies designed to make manufacturing more efficient, flexible and connected. Daniela Costa, head of the European Capital Goods Equity Research team in Goldman Sachs Research, outlines three key drivers of this development, which could provide more than $500 billion in combined savings for manufacturers and customers.
- The factory of the future could yield a savings of half a trillion dollars, split by consumers and equipment manufacturers.
- Factory of the future will develop a virtual ecosystem, increase human and machine collaboration and raise real time communication between enterprise systems and the factories.
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