Electrifying Your Industrial Process and Grow Your Bottom Line
Electrification of Industrial Processes Drives Business Growth
New realities are inspiring manufacturers to find new ways to reduce the energy consumption and carbon emissions their operations generate.
- Consumers examine sustainable manufacturing practices before making purchases.
- Investors must demonstrate portfolios of businesses with responsible “green” practices.
- Governments are enforcing strict environmental regulations to help influence a carbon-free future.
The Fourth Industrial Revolution (or Industry 4.0) started driving noticeable innovations in interconnectivity, smart automation, and electrical equipment. This has made a noticeable impact on the adoption and implementation of sustainable manufacturing processes and equipment.
More affordable renewable energy alternatives also make sustainability more appealing. According to recent projections, renewables could produce more than half of the world’s electricity by 2035 — at lower prices than fossil-fuels.
Additionally, policy changes provide clear incentives to chart a new, sustainable manufacturing path that can deliver significant cost savings and a real competitive advantage.
An effective transition to electrification involves more than the latest technology. While innovation plays a role, the path to a sustainable, modern manufacturing operation involves the right strategy and the commitment to follow it throughout the changes brought by Industry 5.0 and beyond.