Technology Rising: Advanced Manufacturing and the Future of Industry

Despite advances in the technology sector, manufacturing continues to thrive as a vital part of the economy, and technological advances intertwine with the manufacturing industry to push it into the future. Analysts believe that the next industrial revolution will pertain to advanced manufacturing, and it will increase the output and net profits in manufacturing hubs all around the globe. While there are many manufacturing centers on our planet, many of them are situated in America, where big cities bring big business, and the large strides made in the technology sector ensure that manufacturing techniques are becoming honed with time and practice.

America is the Heart of Manufacturing

Large cities around America, including Chicago, are home to massive manufacturing centers and precision machine-working shops. Naturally, these businesses have advanced beyond the old limits thanks to advanced manufacturing. New technology has enabled building and crafting processes to be refined, and workers can do their jobs faster and more efficiently than ever before. These refinements have the potential to expand manufacturing centers beyond their previous scopes, ushering in new work and new jobs that are ready to revitalize the manufacturing industries with new technology and fresh ideas.

New Technology Requires New Knowledge

While all the advances in the manufacturing sector create new jobs and new fields of opportunity, there is a lack of people with the knowledge required to properly utilize these advanced manufacturing techniques. Naturally, education systems strive to fill these knowledge gaps, and various high school programs have dedicated resources to teaching young people how to use these new manufacturing techniques. Advanced manufacturing shop classes merge tried-and-true building techniques with advanced processes, so today’s youth can prepare themselves for the businesses of the future. When enough young people have mastered the skills necessary to push manufacturing forward, these industries will skyrocket to success.

Advanced Manufacturing is a Manifold Endeavor

One of the biggest obstacles in the way of advanced manufacturing is funding. Many city centers with manufacturing hubs experience a dearth of funding for new manufacturing initiatives and industry-based education, and this is where finance experts come into play. Businessmen with financing chops are needed to figure out realistic budgets for these manufacturing initiatives and educational opportunities. Where the money makes sense, more educational and work initiatives can blossom, and these will usher in new talent and new business so manufacturing cities can flourish. A partnership between business and technology is necessary to make sure every city can benefit from these cutting-edge advanced manufacturing techniques.

A Blend of the Old and New

Even as advanced manufacturing processes push the industry forward, traditional manufacturing techniques are here to stay. The trick to succeeding in this new world of technology is to find a way to combine the traditional manufacturing techniques with new technologies and processes. With old-school mastery of the traditional techniques as a foundation and new processes building upon that foundation, advanced manufacturing stands to become a juggernaut in the worlds of technology and business.

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Joshua Crawford | Managing Director | PROPRIUS

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