Presenting the Eighteenth Annual ARC Industry Forum
Industry in Transition: The Information Driven Enterprise
February 10-13, 2014 - Orlando, Florida
New information technologies such as Internet of Things, predictive analytics, wireless, additive manufacturing, cloud computing, mobility, and 3D visualization have been getting a lot of attention in the industrial community as each has the potential to disrupt and radically change the way companies do business. Still, most industrial enterprises tend to be conservative and slow to embrace new information technologies.
This go-slow strategy, however, can be far riskier than anticipated. New information technologies may disrupt not only what happens within a plant or facility, but entire business processes throughout the supply chain and across the value network. The business environment is increasingly dynamic and volatile. New business models such as “Industry 4.0”, “Industrial Internet”, “Connected Manufacturing”, and “Collaborative Value Networks” are emerging. In addition to a host of potentially disruptive technologies entering the marketplace, companies must also face rapid changes in government regulations, energy and raw materials availability, markets, and competition. By deploying leading edge information technologies, today’s companies can thrive.