Smart Manufacturing Smart Manufacturing’s Digital Dividend Boost Manufacturers’ Promote Business Spur Industrial Jobs’ Profit Model Innovation Revolution Some dangerous, mundane jobs that humans Smart manufacturers boost profits The digital transformation of formerly performed are indeed being conducted through improved quality, faster industry will serve as a basis for by robots now. throughput, less maintenance and new business models that can pay downtime, reduced material waste big dividends in terms of quality A shift to smart manufacturing makes companies and faster decision-making. and documentation. more competitive and increases revenues. Higher profits give companies more capital to finance improvements and expansions, which require The smart processes also enhance Digital technologies can help to hiring more workers. worker safety, reducing insurance make possible completely new and medical costs. value creation networks that As more manufacturers embrace high-tech extend beyond company solutions, workers with expertise in fields such as boundaries. electronics, engineering and IT (including cybersecurity) are needed.