Areas in the United States like the Calumet region are ideal for the development of smart factories because they are located near universities and research facilities where new technology is developed. They also reside in or near transportation hubs that can facilitate the importation of product components and the exportation of assembled products. Bearing in mind that smart factories require smart people to operate them, locations in or near major metropolitan areas are better suited for smart factory development than rural or less populated areas.
Relying on advanced wireless technology and engineered robotics, assembly processes within smart factories can be developed that allow for the rapid change in manufacturing processes required today as products are frequently updated or altered.
Actual ownership and the operation of smart factories will be significantly different than traditional factory ownership and operation. Universities may be the first to develop smart factories along with investment groups similar to the REIT’s that develop commercial property today. Operations of smart factories will remain primarily in the hands of engineers who specialize in designing and developing assembly processes and robotics.
Smart factories are already being designed and developed in Europe by consortiums comprised of university scholars and entrepreneurs who see the opportunities afforded by technological advances and environmental demands. Thus far, American interest is still in infancy.
Opportunities are being developed every day through rapidly increasing technology and scientific discovery. The people and societies that pay attention, recognize and act upon such opportunities will own the future. The rest will be left to decay.<< previous 1 2 3