The manufacturing industry is changing, and it’s changing fast. “The globe has shrunk—you have competition everywhere you look, domestic and abroad. There are many companies, old and young, that are being aggressive with technology, and if you want to keep up, you need a world-class team with world-class technology.”
That’s Karl Wadensten, CEO of VIBCO Vibrators, a Rhode Island-based manufacturing company specializing in industrial vibration products used in construction, manufacturing, and infrastructure. “If you don’t keep up with the times and utilize technology to the fullest extent possible in your operations, other companies are going to eat your lunch,” he explains.
Modern technology has revolutionized virtually every industry on the planet, manufacturing included, but the inherent complexity of most manufacturing operations can make it difficult to make big changes or implement new solutions. Altering factory processes can be costly, time-consuming, and risky if something goes wrong. As a result, some manufacturers are cautious about implementing new technology. Not VIBCO. Their competitive spirit and ongoing pursuit of improvement imbues everything they do, and recently, it’s been the driving force behind their Industry 4.0 Initiative. “Data is going to be absolutely critical to every manufacturing operation going forward—honestly, it’s critical today. It helps us better serve our customers, and it helps us run a more efficient operation,” notes Wadensten. “That’s what our Industry 4.0 Initiative is all about at VIBCO: finding new ways to collect as much data as possible from our operations, and then quickly turning that data into valuable insights.”