The modern factory is already a highly complex environment. Advanced machines and robots are equipped with a wide array of sensors connected to high-powered analytics engines in the cloud that assess performance, manage production schedules, maintain supplies and orchestrate all the activities on the factory floor.
By eliminating the need for wired connectivity, 5G will supplement the high-speed manufacturing environment with a far greater degree of flexibility. And the sheer richness of the 5G-enabled factory, which will have the capacity to maintain connections among far more sensors than either wired or previous wireless facilities, offers the potential to connect just about anything.
"The sheer richness of the 5G-enabled factory, which will have the capacity to maintain connections among far more sensors than either wired or previous wireless facilities, offers the potential to connect just about anything."
It is likely that the COVID-19 pandemic will only highlight the value to be gained through greater automation and smarter, more resilient supply chains. The unique advantages of 5G in further automating the factory floor and incorporating new services into all kinds of products will make it a must-have in the post-COVID-19 era.
However, deploying these technologies in what looks to be a challenging economic environment will require a different mindset — one that fully takes into account the key role of technology in unlocking value.
Companies can focus on several key advantages to get the most out of 5G investments and transformative technologies in a challenging economy, these include greater automation, increased M&A activity and smarter supply chains. The advent of 5G has ushered in many more options for businesses that want to automate their operations, boost productivity and increase agility.
Download this paper to understand how 5G networking can bring major operational benefits to the factory floor and how concerns about the costs involved and the potential business value can be addressed.
Global Industrial Manufacturing & Automotive Leader, Principal, PwC United States
Tel: +1 (734) 773 8902
Global Technology, Media and Telecommunications Industry Leader, PwC China
Global Digital Operations, Partner, PwC Germany
Principal, PwC United States
Tel: +1 (773) 383 1263