Industry outlook 2024: The renaissance of smart machines for the factory of the future

Posted on 20 Dec 2023 by Joe Bush

Machine manufacturers today face a volatile market environment, pressuring them to adopt new approaches for developing next-generation products. Rahul Garg, Vice President for Industrial Machinery and SMB at Siemens Digital Industries Software explains.

As always, there are the ever-present pressures of quality, cost and performance as we enter 2024. At the same time, sustainability requirements are now front and centre. The focus is on lowering energy usage, reducing carbon and minimising scrap and waste. In addition, larger global trends are impacting manufacturers around the world, while social-political shifts…

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