To overcome these challenges, manufacturers quickly looked to industry-specific, cloud-based systems for remote access and streamlined processes to boost productivity and reduce overhead costs. The pandemic called for a more comprehensive 360-degree view of the customer, insights and business relationships to maintain or increase market share.
Uniting the supremacy and productivity of modern factories with the data and adaptability of software, manufacturing is ready to become a platform for innovation. Software-based solutions ensure quality and efficiency are built into the manufacturing process and are proactively and analytically enforced. Manufacturing Execution Systems (MES) includes processes for automation within industries, optimization of production techniques, and assembly to maintain product quality. MES software application primarily provides manufacturers with agenda, planning, tracking, analysing, and control of the manufacturing operations.
The market for manufacturing execution systems is forecast to grow to USD 14.9 billion by 2025 at a CAGR of 4.5% from 2020 to 2025. The need for mass production has put pressure on manufacturing industries to increase the effectiveness of production processes. This in turn is leading to increasing demand for industrial automation, low deployment cost, and enhanced product quality. MES connects multiple plants, sites, and vendors live-production information, and integrates easily with equipment, controllers, and enterprise business applications. The result is complete visibility, control, and manufacturing optimization of production and processes across the enterprise.
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The new platform for innovation is enabled by advances in Industrial Internet of Things (IIoT), sensors, Artificial Intelligence, Machine Learning, and Cloud computing. Manufacturing via software-defined programs is making factories more programmable, and production lines adaptable and more responsive to customer needs. Due to MES manufacturers' control, they can precisely produce what the customer needs, when and where they need it, with increased resiliency and lower environmental costs. Such a manufacturing platform help connect machines to software that will not only help configure, monitor but also manage the system.
The turbulence caused by the pandemic is also quickly forcing a shift to integrated structures, data sharing, empowered employees, and automated workflows at accelerated adoption rates.