How Modern Technology is Driving the Future of Manufacturing

The manufacturing industry includes a broad range of businesses varying in size, from small manufacturers producing limited quantities of items to multi-national organisations involved in the large-scale production of manufactured goods. This industry encompasses manufacturers of food and beverages to textiles, chemical manufacturing and even heavy machinery. As an industry, manufacturing contributes around $100 billion to the Australian GDP annually (ABS, 2020). Thus, an industry with such varying degrees of complexity, breadth and scale is one that seeks to maximise the broad benefits of cloud technologies. Regardless of the end product, commonly faced challenges experienced within the manufacturing industry include innovation, risk management, operational efficiency and cost optimisation, remaining sustainable and time to market.