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How fourth industrial revolution is moulding the future of new product development and generating a highest selling products

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Technology has continuously been upgrading since the industrial revolution has begun and along with technology our approach to product manufacturing has also changed. Minute exercises in our daily life went From carrying arm-aching steel lunch boxes to lightweight, durable and leakproof plastic lunch boxes, from listening to music on the radio to wireless earphones, from brick-like Nokia phones to slim smartphones. We are moving towards the AI and Digitization phase of the Manufacturing sector. So, Here in this blog we will discuss the upcoming phase of the product development industry and how they are going to further make the user experience worth it. 

The Fourth industrial revolution has elevated the level of designing, engineering, and manufacturing of products. Rapid innovation made the variation and availability of 1000+ options possible. 

Day by Day More innovation and digitalization is making the consumer experience more effective and user friendly. The upcoming cutting edge technology is also focussing on the reduction of waste materials during the production process.

Here’s how future product development is going to look like:

1. Additive manufacturing = 3D printing

3d printing is very beneficial for the manufacturing process of complex parts and tools. It takes complex products with high dimensions and makes it easy to print it out with the desired material. The precise flow of the material is the key ingredient in making an outstanding product.

2. Automation

Automated machinery has helped a lot in controlling the material flow and pressure control. Error detection has become much easier since automation has come into practice. Sorting and arranging parts for the production process and reducing the risk of error via automation elevates the speed of the production process.

3. Big data and complex analytics simplified

Industry 4.0 has made working with big and complex data analytics more easy and understandable for humans. Now there are very little to no errors in the data production process and data storage.

4. AI in manufacturing

AI tools have helped to detect minute errors in the production process that are left from human eyes. IOT boards also help in the smooth functioning of the entire production, assembly and packaging process.

5. Digital twin technology

With digital twin technology product manufacturers and engineers work on experimentation, testing, and optimization of the production process. It Gives them access to real time testing of prototypes and less material wastage during the whole manufacturing process. 

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