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While manufacturers grapple with the day-to-day demands of the COVID-19 crisis, some industry analysts assert that now is also the time for businesses to prepare to thrive postpandemic.

The pace of technology today is rapid, with the potential to transform manufacturing. Digitization, automation, and connectivity are opening many new doors on the production floor.

The impact of COVID-19 has changed the way we conduct business, and now, more than ever, illuminates the need for manufacturers to assess their processes and implement smart manufacturing technology.

General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.

Managing sensor performance has become a must-have for manufacturers. The advent and rapid adoption of IoT technology, enabling smart manufacturing systems, has created a two-fold scenario. Intelligent systems at once provide for near-real-time systems monitoring and create a new prediction problem.

Living with the day-to-day reality of COVID-19 can be challenging for individuals. Running a business in this pandemic era is an order of magnitude harder.

Industry 4.0 often seems like a vague, faraway idea, but there are several practical and relatively easy steps that can be taken to jump into the “future of manufacturing” right now. From addressing skilled labor shortages to increasing machine utilization, a fancy title should not stop a shop owner from using what works.

Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.

A cultural shift is occurring within the healthcare industry, radically transforming the way we view medical needs. Technology is driving this alteration as a transformative enabler to meeting the patient’s healthcare priorities through pioneering technological methods.

The National Association of Manufacturers said a survey shows that while optimism has dipped, manufacturers are staying open or have only temporarily closed operations because of COVID-19.