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The rising IoT capabilities enable manufacturers to gain greater visibility and insights into their operations through the efficient utilization of data and improved integration of disparate systems. This opens the possibility for manufacturers of moving away from simply selling products to providing services and strengthening their relationship with end users. For instance, in April 2024, Rockwell Automation, Inc. launched the FLEXLINE 3500, a low-voltage motor control center (MCC). With this motor control center, manufacturers can unlock production data and increase uptime and productivity through a portfolio of smart products. By integrating with smart motor control devices, the FLEXLINE 3500 MCC delivers real-time operation and diagnostic data for critical equipment.
As sustainability becomes a top priority for organizations worldwide, there is a growing recognition of the need to set accurate and achievable decarbonization targets. Manufacturing companies are focusing on innovative approaches and embracing the shift toward software-based applications. For instance, in April 2023, Schneider Electric launched Zeigo, a new software to help businesses and enterprises set accurate and achievable decarbonization targets. The application delivers easy emission calculations paired with a customized decarbonization roadmap and a regionally tailored solutions provider marketplace.