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The Factory of the Future is here
The Factory of the Future is here 2
The Factory of the Future isn’t some futuristic fantasy. It’s quickly
becoming the new reality. And tech-savvy manufacturers are either
on board or preparing for change.
The Factory of the Future is here
1
O’Marah, Kevin, The Internet of Things Will Make Manufacturing Smarter, Industry Week, August 14, 2015.
2
Kharif, Olga, Cisco CEO Pegs Internet of Things as $19 Trillion Market, Bloomberg Business, January 8, 2014.
3
Cybersecurity and The Internet of Things, EY, March, 2015.
4
Knickle, Kimberly, Newmark, Eric, Industry Clouds—A Vignette of Manufacturing Industry Adoption, IDC Manufacturing Insights, October 15, 2015.
3
Consider the facts...
40% of manufacturers believe that smart
manufacturing and its foundational technology—the
Internet of Things (IoT)— are within reach and that
it’s the right time to invest.1
The projections for IoT impact are staggering.
Analysts say the global economic impact may reach
$19 trillion by 2030.2
And as many as 50 billion devices
will be connected collecting and communicating data,
causing automated responses.3
According to IDC’s 2015 Vertical IT and
Communications Survey of 602 United States-based
manufacturers, cloud services are at the top
of manufacturers’ IT initiatives, and just over
43% of manufacturers are using public clouds
and 56% are using private clouds in pilot,
proof of concept, or in production.4
5
The New Hire: How a New Generation of Robots is Transforming Manufacturing, PwC, September 2014.
6
Tobe, Frank, Competing Robotic Warehouse Systems, The Robot Report, April 30, 2015.
7
Bono, Bobby, Manufacturers are Increasingly Leveraging the Power of Tech—Are You in that Number?, Industry Week, March 17, 2015.
8
Gilpin, Lyndsey, 3D Printing: 10 Companies Using it in Ground-Breaking Ways, Tech Republic, March 26, 2014.
9
Madia, Kimberly, Embracing Real-Time, Streaming Analytics in the Insight Economy, IBM Big Data & Analytics Hub, August 7, 2015.
10
Chui, Michael, Manyika, James, Bughin, Jacques, Dobbs, Richard, Roxburgh, Charles, Sarrazin, Hugo, Sands, Geoffrey, Westergren, Magdelena,
The Social Economy: Unlocking Value and Productivity Through Social Technologies, McKinsey Global Institute, July, 2012.
Did you know...
The last several years have seen an increasing number
of industrial robots produced and deployed, with the
current volume tripling the figures from just 6 years ago.
In fact, the global robotic systems market is estimated
to reach $41 billion by 2020.5
Amazon announced plans to roll out 10,000 robots into
a network of warehouses—a move which it says will
create up to $900 million in fulfillment cost savings—
or up to 40% savings on cost per order.6
Two-thirds of manufacturers are already adopting
3D printing, and it is estimated that the global 3D
printer market will reach $6 billion by 2017.7
Ford reported that traditional engine cover production
takes 4 months and $500,000, but with 3D printing,
it takes just 4 days and $3,000.8
McKinsey Global Institute estimates suggest that by
fully implementing social technologies, companies have
an opportunity to raise the productivity of interaction
workers—high-skill knowledge workers, including
managers and professionals—by 20 to 25%.10
4The Factory of the Future is here
5The Factory of the Future is here
There’s no question—manufacturing
is facing an exciting time of disruptive technology in
IT systems as well as operations. This convergence
of forces is creating a new type of manufacturing:
The Factory of the Future.
6The Factory of the Future is here
The Factory of the Future is highly
productive and efficient. In this model,
there are no silos of data or obstacles
to visibility.
Plant managers, front-line personnel, and
back-office staff share the same view of
real-time data and the same goal of making
customer satisfaction their top priority.
Every step in the product lifecycle, every
resource, every analytical report, every
transaction stored in the cloud supports
the ultimate strategy to be relevant,
resourceful, and customer-centric.
The Factory of the Future takes
advantage of the latest innovations
in IT solutions, as well as refined
best practices for shop floor
operations.
The Factory of the Future is one
where interconnected machines
and systems communicate, sharing
data, and responding to input from
customers, supply chain partners,
and subcontractors across
the globe.
7The Factory of the Future is here
The Factory of the Future is here
Leaders who are forwarding-thinking and confident
in adopting innovative operational models will be able
to seize early opportunities and define new standards.
They will pave the way, leading to the next
Industrial Revolution.
But, laggards who wait to embrace digital change are
likely to fall far behind their competitors and ultimately
flounder. They will be unable to meet customer
expectations and struggle to compete in today’s
global economy.
811
Kennell, Brian, Smart Manufacturing: A Path to Profitable Growth, Huffington Post, May 20, 2015.
Early adopters of modern solutions
that have at least partially implemented
smart manufacturing initiatives have
documented measureable results:11
reported increased
efficiency82%
reported lower
product defects49%
reported customer
satisfaction gains
45%
Moving to the forefront of innovation doesn’t happen overnight.
An interconnected web of data and automation requires an underlying
digital strategy of interoperability.
The Factory of the Future is here 9
12 Research found in Manufacturing Operations Management Survey conducted by LNS Research.
Research shows that 35% of manufacturers are working on an IoT
strategy and putting tactics in place to implement that strategy.12
The Factory of the Future is here 10
Seize the opportunity
In order to seize the new
opportunities of the Factory of
the Future, you need to start now.
First, build a company culture that:
•	 Places the customer first
•	 Stresses being agile and proactive
•	 Strives to anticipate customer needs
Then, put safeguards in place to
ensure you’re meeting your goals for
product quality, on-time delivery, and
as-promised value.
The Factory of the Future is here 11
Use tools that give you an added
advantage, including:
•	 Mobile solutions, so personnel can
remain connected from any location,
any time
•	 Social tools, so colleagues and
partners can more easily collaborate
•	 Configuration tools, so you can
more easily manage product
personalization
•	 Cloud deployment options, so you
can quickly and cost-effectively
expand into new markets and
untapped regions
The Factory of the Future is here 12
As you make strides toward becoming a Factory of the
Future, you’ll need to differentiate yourself from the
competition. This means being innovative, willing to
collaborate with customers and supply chain partners,
and able to embrace disruptive technologies like
3D printing, IoT, Big Data, and robotics.
Above all, you must have a strategy.
The Factory of the Future is here 13
To build a successful strategy and
deploy tools effectively, it’s essential
to work with a solution provider that:
•	 Understands the complexities of
your market
•	 Has a proven record and expertise
in manufacturing applications—from
ERP solutions to cloud deployment
and factory floor operations
•	 Has an understanding of unfolding
trends and knows how modern IT
solutions can help you reach
your goals
The Factory of the Future is here.
Are you ready to get started?
Let Infor’s Value Engineering team help you take the first steps.
They can help you identify, quantify, and realize the tangible
business benefits of embracing the next Industrial Revolution.
The Factory of the Future is here 14
Contact us today
Call Chat Email
About Infor
Infor builds beautiful business applications with last mile functionality and scientific insights delivered as
a cloud service. With 13,000 employees and customers in more than 200 countries and territories, Infor
automates critical processes and helps eliminate the need for customization through embedded industry
domain expertise. To learn more, visit www.infor.com.
Disclaimer
This document reflects the direction Infor may take with regard to the specific product(s) described in this document, all of which is subject
to change by Infor in its sole discretion, with or without notice to you. This document in not a commitment to you in any way and you
should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified
enhancement, upgrade, product, or functionality, even if such is described in this document.
Copyright © 2015 Infor. All rights reserved. The work and design marks set forth herein are trademarks and/or registered trademarks of Infor
and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners.
INFDTP1478003-en-US-1115-1

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The factory of the future is here

  • 1. The Factory of the Future is here
  • 2. The Factory of the Future is here 2 The Factory of the Future isn’t some futuristic fantasy. It’s quickly becoming the new reality. And tech-savvy manufacturers are either on board or preparing for change.
  • 3. The Factory of the Future is here 1 O’Marah, Kevin, The Internet of Things Will Make Manufacturing Smarter, Industry Week, August 14, 2015. 2 Kharif, Olga, Cisco CEO Pegs Internet of Things as $19 Trillion Market, Bloomberg Business, January 8, 2014. 3 Cybersecurity and The Internet of Things, EY, March, 2015. 4 Knickle, Kimberly, Newmark, Eric, Industry Clouds—A Vignette of Manufacturing Industry Adoption, IDC Manufacturing Insights, October 15, 2015. 3 Consider the facts... 40% of manufacturers believe that smart manufacturing and its foundational technology—the Internet of Things (IoT)— are within reach and that it’s the right time to invest.1 The projections for IoT impact are staggering. Analysts say the global economic impact may reach $19 trillion by 2030.2 And as many as 50 billion devices will be connected collecting and communicating data, causing automated responses.3 According to IDC’s 2015 Vertical IT and Communications Survey of 602 United States-based manufacturers, cloud services are at the top of manufacturers’ IT initiatives, and just over 43% of manufacturers are using public clouds and 56% are using private clouds in pilot, proof of concept, or in production.4
  • 4. 5 The New Hire: How a New Generation of Robots is Transforming Manufacturing, PwC, September 2014. 6 Tobe, Frank, Competing Robotic Warehouse Systems, The Robot Report, April 30, 2015. 7 Bono, Bobby, Manufacturers are Increasingly Leveraging the Power of Tech—Are You in that Number?, Industry Week, March 17, 2015. 8 Gilpin, Lyndsey, 3D Printing: 10 Companies Using it in Ground-Breaking Ways, Tech Republic, March 26, 2014. 9 Madia, Kimberly, Embracing Real-Time, Streaming Analytics in the Insight Economy, IBM Big Data & Analytics Hub, August 7, 2015. 10 Chui, Michael, Manyika, James, Bughin, Jacques, Dobbs, Richard, Roxburgh, Charles, Sarrazin, Hugo, Sands, Geoffrey, Westergren, Magdelena, The Social Economy: Unlocking Value and Productivity Through Social Technologies, McKinsey Global Institute, July, 2012. Did you know... The last several years have seen an increasing number of industrial robots produced and deployed, with the current volume tripling the figures from just 6 years ago. In fact, the global robotic systems market is estimated to reach $41 billion by 2020.5 Amazon announced plans to roll out 10,000 robots into a network of warehouses—a move which it says will create up to $900 million in fulfillment cost savings— or up to 40% savings on cost per order.6 Two-thirds of manufacturers are already adopting 3D printing, and it is estimated that the global 3D printer market will reach $6 billion by 2017.7 Ford reported that traditional engine cover production takes 4 months and $500,000, but with 3D printing, it takes just 4 days and $3,000.8 McKinsey Global Institute estimates suggest that by fully implementing social technologies, companies have an opportunity to raise the productivity of interaction workers—high-skill knowledge workers, including managers and professionals—by 20 to 25%.10 4The Factory of the Future is here
  • 5. 5The Factory of the Future is here There’s no question—manufacturing is facing an exciting time of disruptive technology in IT systems as well as operations. This convergence of forces is creating a new type of manufacturing: The Factory of the Future.
  • 6. 6The Factory of the Future is here The Factory of the Future is highly productive and efficient. In this model, there are no silos of data or obstacles to visibility. Plant managers, front-line personnel, and back-office staff share the same view of real-time data and the same goal of making customer satisfaction their top priority. Every step in the product lifecycle, every resource, every analytical report, every transaction stored in the cloud supports the ultimate strategy to be relevant, resourceful, and customer-centric.
  • 7. The Factory of the Future takes advantage of the latest innovations in IT solutions, as well as refined best practices for shop floor operations. The Factory of the Future is one where interconnected machines and systems communicate, sharing data, and responding to input from customers, supply chain partners, and subcontractors across the globe. 7The Factory of the Future is here
  • 8. The Factory of the Future is here Leaders who are forwarding-thinking and confident in adopting innovative operational models will be able to seize early opportunities and define new standards. They will pave the way, leading to the next Industrial Revolution. But, laggards who wait to embrace digital change are likely to fall far behind their competitors and ultimately flounder. They will be unable to meet customer expectations and struggle to compete in today’s global economy. 811 Kennell, Brian, Smart Manufacturing: A Path to Profitable Growth, Huffington Post, May 20, 2015. Early adopters of modern solutions that have at least partially implemented smart manufacturing initiatives have documented measureable results:11 reported increased efficiency82% reported lower product defects49% reported customer satisfaction gains 45%
  • 9. Moving to the forefront of innovation doesn’t happen overnight. An interconnected web of data and automation requires an underlying digital strategy of interoperability. The Factory of the Future is here 9 12 Research found in Manufacturing Operations Management Survey conducted by LNS Research. Research shows that 35% of manufacturers are working on an IoT strategy and putting tactics in place to implement that strategy.12
  • 10. The Factory of the Future is here 10 Seize the opportunity In order to seize the new opportunities of the Factory of the Future, you need to start now. First, build a company culture that: • Places the customer first • Stresses being agile and proactive • Strives to anticipate customer needs Then, put safeguards in place to ensure you’re meeting your goals for product quality, on-time delivery, and as-promised value.
  • 11. The Factory of the Future is here 11 Use tools that give you an added advantage, including: • Mobile solutions, so personnel can remain connected from any location, any time • Social tools, so colleagues and partners can more easily collaborate • Configuration tools, so you can more easily manage product personalization • Cloud deployment options, so you can quickly and cost-effectively expand into new markets and untapped regions
  • 12. The Factory of the Future is here 12 As you make strides toward becoming a Factory of the Future, you’ll need to differentiate yourself from the competition. This means being innovative, willing to collaborate with customers and supply chain partners, and able to embrace disruptive technologies like 3D printing, IoT, Big Data, and robotics. Above all, you must have a strategy.
  • 13. The Factory of the Future is here 13 To build a successful strategy and deploy tools effectively, it’s essential to work with a solution provider that: • Understands the complexities of your market • Has a proven record and expertise in manufacturing applications—from ERP solutions to cloud deployment and factory floor operations • Has an understanding of unfolding trends and knows how modern IT solutions can help you reach your goals
  • 14. The Factory of the Future is here. Are you ready to get started? Let Infor’s Value Engineering team help you take the first steps. They can help you identify, quantify, and realize the tangible business benefits of embracing the next Industrial Revolution. The Factory of the Future is here 14 Contact us today Call Chat Email
  • 15. About Infor Infor builds beautiful business applications with last mile functionality and scientific insights delivered as a cloud service. With 13,000 employees and customers in more than 200 countries and territories, Infor automates critical processes and helps eliminate the need for customization through embedded industry domain expertise. To learn more, visit www.infor.com. Disclaimer This document reflects the direction Infor may take with regard to the specific product(s) described in this document, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This document in not a commitment to you in any way and you should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified enhancement, upgrade, product, or functionality, even if such is described in this document. Copyright © 2015 Infor. All rights reserved. The work and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. INFDTP1478003-en-US-1115-1