From Guest Blogger Lizzie Weakly: Going Green–The Future of Tech and Manufacturing

Fast changing disruptive technologies have hit hard the manufacturing industry and are rapidly shaping the future of manufacturing. Operational technology and information technology are seeing drastic innovations, and the convergence of these two forces is pushing manufacturing towards experience another industrial revolution.

What’s Behind Green Technology Manufacturing

Green technology manufacturing involves the selection of investments in manufacturing firms with environmentally friendly practices. While some green manufacturing technologies offer improvements that increase resource productivity and efficiency, others guarantee environmental impact.

Since political agendas are becoming greener, many of the capital allocation choices of government bodies are being driven toward green technology. Many green technology firms also remain top players in this sector. For example, Ceramic Technology Inc. has been designing and fabricating long-lasting steel equipment for gold, coal, and mineral processing for about 30 years.

Green Technology Manufacturing Abound

Manufacturing firms that are considering taking the plunge into green technology need to take their time to understand the background of this sector. In particular, they would do good to know the technologies that are rapidly changing paradigms of manufacturing processes. These technologies include:

The Internet of Things (IoT)

The Internet of thing allows electronic devices connected to each other to communicate without human intervention. This revolutionary manufacturing technology will result in reduced waste, increased efficiency, and less manufacturing overall cost.

Cloud Computing

Cloud computing involves using a network of Internet-connected remote services to store, manage, and process data. Though many manufacturers have not adopted this technology due to security and connectivity concerns, they will do it soon. Cloud computing is becoming more reliable and stable.

Nanotechnology

Nanotechnology is the future, but its first generation is already here with us. This technology involves the manipulation of matter on molecular, supramolecular, atomic scales. It is currently applied in space technology and biotechnology, but since nanotechnology brings with it super-precision manufacturing, it is going to play an indispensable role in the manufacturing industry.

Planning Green Tech Manufacturing Strategy

The objectives of investing in green technology are to make the world a better place to live in and increase personal wealth. Achieving these two goals concurrently can somewhat be a daunting task. To be successful, as a manufacturer, you should consider the investment level that best aligns with your financial commitment and goals and also rely on the latest technological advances to support your environmental goals.

If you want to go green, while maximizing your profits, take your time and conduct research before making an investment to be able to select the best opportunities. Manufacturing firms looking for environmentally responsible and financially sound investments will find more abundant opportunities in the near future.