Tech Trends: Innovation in Manufacturing

As promised, there’s one more technology trend I want to talk to you about. It’s another area you may not immediately think of in the new world of technology, but that’s one of the great things about innovation. The old can be made new again.

The United States is actually on the verge of a manufacturing revolution the likes of which haven’t been seen since the industrial revolution in the early 20th century. The growth of productivity is expected to boom, as innovation has changed the landscape of the way goods are manufactured.

We’ve all heard of Software-as-as-Service (Saas), but have you heard of Manufacturing-as-a-Service (MaaS)? This is a new service where companies can rent production capabilities as they need them, and it’s expected to help reduce inventory while at the same time allow companies to scale down (or scale up) with extremely quickly. Think of it as a virtual manufacturing facility that can produce goods for a large number of diverse companies – it’s the way of the future.

The next generation of manufacturing is where all of the trends we’ve talked about come together: robotics and automation, the Internet of Things, cloud computing and more. They all play an integral role not only in the advancement of the way we make things, but the new path the United States is headed down in the near future. I hope you’re on board to take advantage of all the investment opportunities it represents.

Well there you have it! As you’ve now learned, there is so much more opportunity in the new wave of technology than simply self-driving cars and the next round of supercomputers. Investment ideas are everywhere, often right in front you. My job is to identify the strongest of them and then find the best ways to help you make money. That’s what I’m excited to do for you, so stay tuned to MoneyWire to join me on this journey!


Article printed from InvestorPlace Media, https://investorplace.com/moneywire/2017/04/tech-trends-innovation-in-manufacturing/.

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