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" ... 4. Industry 4.0 – manufacturers’ use of technology to drive efficiency gains throughout the value chain will be vital to their future success. Yet, while some countries, such as the UK, Japan, Germany and South Korea, incentivize companies to embark on their own Industry 4.0 journey, that is not the case in the US. Now, more than ever, we must recognize the importance of first-mover advantage. Done right, digital transformation is about augmenting workers, not replacing them, especially when allied to the training incentives outlined earlier. Manufacturers need the White House to act now before, as a nation, we fall behind. ... "
" ... And even though Deere, AGCO and other big manufacturers takes pains to emphasize they have strict controls over how data is managed, the ADT agreement does not actually put off-limits the potential sale of aggregated data to third-parties, as long as the farmer agrees to that when they sign up, according to Todd Janzen, a lawyer with expertise in the sharing of agricultural data who also serves as an administrator of ADT. "In general, the ADT does not bar companies from selling data, whether the raw agricultural data or aggregated and anonymized datasets," said Janzen. "If a company wants to sell farmers’ data, that’s OK as long as the farmer is aware of that when they sign up." ... "
" ... For manufacturers, product design has traditionally meant “design for manufacturability.” In other words, quickly introduce quality products at the lowest possible cost, and don’t worry about what happens at the end of the product’s life. Instead, “design for circularity” considers the entire life of parts, from design to production to service to end of life with reuse. With its feasible path to serve people, and planet and profits, circularity has become a trending topic in boardrooms, plant floors and legislative chambers alike. ... "
" ... In my experience, the most successful manufacturers closely follow the intersections of industry megatrends, innovative technologies and global markets while keeping a keen eye on evolving customer demands. They strive to simplify complexities through product design iterations and continuous collaborations while reducing friction points wherever and whenever possible. ... "
" ... The need for today’s businesses and manufacturers to develop innovative solutions has never been more apparent. The product lifespan — from introduction to the market to its inevitable sunsetting as a result of newer innovations — is getting shorter. It’s also why we’re seeing more companies actively working to conceive, test and build their next great idea. The problem is, they’re doing it wrong. ... "