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Home Technology AI and Machine Learning

Asian manufacturers poised for a data revolution

FutureIoT Editors by FutureIoT Editors
December 23, 2024
Photo by ThisIsEngineering: https://www.pexels.com/photo/engineer-testing-sound-system-3862605/

Photo by ThisIsEngineering: https://www.pexels.com/photo/engineer-testing-sound-system-3862605/

By 2030, the global manufacturing industry is forecasted to generate an astonishing 4.4 zettabytes of data, with a significant portion stemming from Asia’s rapidly evolving industrial landscape.

This surge in data, driven by IoT sensors, CNC systems, and advanced manufacturing execution systems (MES), presents a transformative opportunity for businesses across the region to enhance competitiveness, drive innovation, and adopt AI solutions.

However, many enterprises and digitalization providers in Asia face a critical skills gap, hindering their ability to harness this data effectively and leading to substantial inefficiencies.

Leo Gergs, principal analyst at ABI Research, highlights the challenge: “While generating vast amounts of data is one aspect, the real challenge lies in analysing and preparing this data for advanced AI models.”

Data fabrics—integrative frameworks that streamline data management—promise to revolutionise enterprise operations through improved governance and automation. Yet, for these fabrics to be truly effective, organisations must tackle a myriad of challenges encompassing technology, governance, and operational readiness.

In Asia, integrating legacy systems with modern cloud-native solutions poses a significant hurdle. Leading vendors such as Databricks and IBM are developing platforms aimed at unifying these diverse environments, enabling real-time data processing critical for manufacturing efficiency.

Gergs emphasises the importance of bridging these systems: “Unlocking the true value of data fabrics is essential for managing sensitive and regulated data, particularly in sectors like healthcare and manufacturing.”

Moreover, solutions like Informatica’s Intelligent Data Management Cloud and AWS Industrial Data Fabric are equipping enterprises to enforce governance through automated data lineage tracking and access control. In a region where compliance is paramount, especially in industries such as healthcare, the need for trustworthy data systems is more pressing than ever.

Traditional methods, including manual ETL processes and siloed data systems, further complicate scalability. Vendors are stepping up to automate workflows and enhance real-time analytics, enabling companies to better manage their data. Gergs notes, “Faster and more efficient data handling is what enterprises are seeking.” Striking a balance between customisation and scalability is essential for long-term success.

To address these challenges, it is crucial for vendors to go beyond mere technology delivery. Comprehensive integration support and education are vital. “A successful partnership requires vendors to walk alongside enterprises, building workforce capabilities and ensuring sustained value,” concludes Gergs. In Asia’s dynamic manufacturing sector, such collaborative efforts could transform significant challenges into unprecedented opportunities.

Related:  SAP APJ, NTT DATA unveil sensor-based logistics offering
Tags: ABI Researchdata-drivenmanufacturing execution systems
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The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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