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The metal fabrication industry is not changing at the same rate as other industries, but it will change nonetheless in the near future.Additionally, those of us who work in the manufacturing industry must be prepared to deal with whatever challenges the future may bring our way.For those interested in sheet sheet metal fabrication, here are nine trends to look out for in the year 2021.
The metal fabrication industry, on the other hand, has been around for a long time and has not fallen behind the times in terms of technological advancements.Smart fabrication machines, the Internet of Things, connected shop floors, and cloud-based software have all become commonplace in most modern job shops over the past five years, as has the use of cloud-based software.In response to this trend, fabricators have been forced to pay closer attention to the implications of their actions for the overall security of the systems they are creating and implementing.However, there has never been a time when this has been more critical than it is right now, when ransomware hackers have taken over the news cycle in a way that they should not have done.Cyber attacks have the potential to result in a complete loss of data, or a large number of records being compromised. They also have the potential to cause significant working capital losses as a result of having to pay off hackers in order to keep systems operational.
Surprisingly, the majority of cybersecurity breaches are not the result of a third-party attack, but rather of internal errors made by employees themselves.It has been reported recently by Cybint Solutions that this type of behavior is responsible for as many as 95% of all occurrences in the industry.Additionally, according to FBI information, cybercrimes have increased by a whopping 300% since the beginning of the COVID-19 pandemic in late 2015.Following the release of these statistics, it's understandable that manufacturers and Sheet Metal Prototyping fabricators are devoting more resources to preventing these types of problems from occurring in the first place.
However, even though the metal fabrication industry is generally more stable than other industries, with fewer dramatic swings, this does not absolve manufacturers of the necessity of being ready to adapt to changing circumstances.This week, we're highlighting the second blog on metal fabrication trends, which we believe will have an impact on the market both in the near future and over the next decade, as well as the first blog on metal fabrication trends, both of which are available for free download.
Trends in Metal Fabrication are depicted in this graphic. Companies that want to be in business in ten years will have to pay attention to the growing popularity of automated manufacturing systems.Since then, automatic controls have become less expensive, faster, more consistent, and more reliable, enabling them to handle more complex and varied tasks than they could even a few years ago.
At EVS Metal, automation has always been a top priority, and we've had great success implementing it in a variety of metal fabrication operations across our four facilities throughout the United States.In turn, we are able to produce high-quality outputs while maintaining consistent productivity and process stability, resulting in satisfied customers who are more likely to recommend our company to their friends and family.As part of our commitment to providing an exceptional customer experience at the lowest possible cost while maintaining the flexibility to produce almost any type of item in a wide range of lot sizes, we have implemented automation throughout our operations.
Every company eventually reaches a growth plateau, which is a period of time during which the company's growth slows significantly.When it comes to outwitting stagnation, there are a variety of strategies available, with one popular method being strategic acquisition.Acquiring complementary capabilities through acquisition is one method of accelerating growth, though the meaning of this will differ depending on who is talking about it.
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