ISG Virtual Event to Explore Future of Smart Manufacturing
ISG will host the Smart Manufacturing summit on June 9, 2020, featuring industry leaders to discuss Industry 4.0 advancements and the post-pandemic landscape. The event includes keynote presentations and discussions on the digitization of product lifecycles, smart manufacturing ecosystems, and industrial IoT. David Lewis predicts a 12.4% CAGR growth in smart manufacturing through 2025. Other speakers will cover strategies for innovation, ROI, and digital technology implementation. Attendance is free for enterprise IT and business executives.
- Event addresses the growing importance of smart manufacturing, indicating strong industry interest.
- Forecasted growth of 12.4% CAGR through 2025 suggests positive market conditions.
- Diverse range of expert speakers can lead to valuable insights for attendees.
- None.
STAMFORD, Conn., June 04, 2020 (GLOBE NEWSWIRE) -- Leaders with Schneider Electric and Diebold Nixdorf will join other manufacturing executives, top academics and ISG experts to explore the factory of the future at the ISG Virtual TechXchange: Smart Manufacturing summit, hosted by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The online event, June 9 at 9 a.m., U.S. Central Time, will explore Industry 4.0 through virtual keynote addresses, panel discussions and technology demonstrations in the ISG Exhibit Hall. Discussions will cover digitization of the product lifecycle; smart manufacturing ecosystems and operating models; how to augment and empower the workforce with technology; the industrial internet of things, and the factory of the future.
David Lewis, partner in the ISG Manufacturing practice, will open the day-long event with a presentation forecasting the accelerated adoption of smart manufacturing, post-pandemic.
“In the first quarter of 2020, the smart manufacturing industry was experiencing exceptional growth, with a compounded annual growth rate of 12.4 percent forecasted through 2025,” Lewis said. “Since then, workflows and processes have changed dramatically, as manufacturers have repurposed facilities and manufacturing lines to assist with pandemic response.”
As the world starts to emerge from the shutdown, Lewis said this is an ideal time to hear what experts across manufacturing have to say about the post-COVID-19 environment. “We’ll take a look at the forecasts, trends and options for smart manufacturers to mitigate the turbulence of today and prepare to maximize value and return on investment (ROI) in the new future,” he said.
Frank Piller, professor of management and head of the Institute for Technology and Innovation Management at RWTH Aachen University in Germany, will discuss how to draft a smart manufacturing strategy in the age of COVID-19 in “Industry 4.0 in the Post-Corona Economy: The Future of Digital Business Models for Smart Manufacturing.” In his keynote presentation, Piller will assert that the pandemic will act as a catalyst, reinforcing existing trends and fundamentally changing industrial value creation.
Carsten Baumann, director of strategic initiatives and solution architect at Schneider Electric, a global specialist in energy management and automation, will share his expertise helping clients define their industrial IoT and microgrid initiatives in “Industrial Edge Computing – The Data Center Perspective,” covering data needs, challenges and possibilities for successful smart manufacturing implementations.
Catherine Hayes, industry manager with the South Carolina Research Authority, will present, “Race to Innovate and Implement Digital Technologies that Meet Your ROI,” on how to select and implement digital technologies with an acceptable return on investment while containing manufacturing costs.
Other speakers include Peter Bilello of CIMdata; Dennis Hodges, Inteva Products; Lynn Kier, Diebold Nixdorf; Stephen Mellor, Industrial Internet Consortium; Karen Norheim, American Crane and Equipment; Pin Ni, Wanxiang America Corporation, and Dr. Charles Shearrow, Harrisburg University of Science and Technology.
Entrepreneurs with Optezo, an RPA-as-a-Service platform provider; Acerta Analytics, which uses machine learning to uncover actionable insights from vehicle and production data, and Plethora, a groundbreaking parts Manufacturing-as-a-Service provider, will pitch their innovative approaches in the ISG Startup Challenge. The winner will be chosen through a live audience poll.
Manufacturing Tomorrow, Supply Chain Movement and the Women in Manufacturing trade association are media partners of the ISG TechXchange. The event will be streamed live in U.S. Central Standard Time and will be available on-demand post-event. Attendance is reserved and complimentary for enterprise IT and business executives. For more information or to register, visit the event website.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world's top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
# # #
Will Thoretz Information Services Group, Inc. +1 203 517 3119 Will.Thoretz@isg-one.com Jim Baptiste Matter Communications for ISG +1 978 518 4527 jbaptiste@matternow.com
FAQ
What is the date of the ISG Smart Manufacturing summit?
What topics will be covered at the ISG Smart Manufacturing summit?
Who is speaking at the ISG Smart Manufacturing summit?
What is the expected growth rate for smart manufacturing according to ISG?
Is attendance to the ISG Smart Manufacturing summit free?
