UiPath collaborates with Deloitte in The Smart Factory @ Wichita to advance Industry 4.0 through automation
NEW YORK–(BUSINESS WIRE)–UiPath (NYSE: PATH), a leading provider of robotic process automation (RPA) software, today announced that it has become a builder sponsor of The Smart Factory @ Wichita, a new Deloitte Industry 4.0 immersive experience center. As sponsor of The Smart Factory @ Wichita, UiPath will showcase the role of RPA in the future of smart factories while engaging a wide range of companies in sophisticated manufacturing innovations and the technologies that underpin them.
Digital transformation through business automation enables smart factories to bridge the gaps between physical and digital systems, increase connectivity across the technology stack, and limit supply chain disruptions. Additionally, automation is key to helping the industry cope with unprecedented job losses. According to a study by Deloitte and The Manufacturing Institute, the skills gap in the manufacturing sector in the United States could lead to 2.1 million unfilled jobs by 2030. The cost of these missing jobs could potentially total 1,000 billion. dollars in 2030 alone.
“There are endless possibilities to scale the way solutions and products are developed within smart factories to impact the world. When automation, artificial intelligence, and IoT are seamlessly connected, smart factories can dramatically reduce processing time and increase factory output, while helping to reduce batch sizes, ensure sustainable operations and reduce operating costs,” said Sebastian Seutter, Global Head of Manufacturing at UiPath. . “UiPath is a business partner first and foremost, and to date we have completed over 400 joint engagements with Deloitte with large organizations. We are embarking on this initiative as a team to show businesses around the world how humans working alongside robotic software assistants will quickly introduce a new capacity for value and innovation.
The Smart Factory @ Wichita is a 60,000 square foot sustainable space located on Wichita State University’s Innovation Campus. The smart factory includes a fully operational production line and experiential labs to develop and explore the innovative capabilities of the smart factory. As a Builder sponsor, UiPath will work with Deloitte to advance the execution of smart factories and enable manufacturers to rapidly adopt cutting-edge Industry 4.0 technologies to create new business models and improve quality, productivity and durability. As part of the sponsorship, UiPath will leverage the powerful ecosystem of The Smart Factory @ Wichita to help customers across multiple industries innovate their supply chain and access next-generation technologies such as the UiPath platform to automate processes. such as order intake management, ERP alignment, plant asset intelligence and performance management, plant consumption, plant timing and scheduling, and energy management.
“Robotic process automation is key to the new era of manufacturing excellence. This will enable smart factories to scale processes from the shop floor to C-level decision making. RPA removes the burden of mundane, repetitive work from people so they can focus on dynamic, creative endeavors” , said Stephen Laaper, Principal, Deloitte Consulting LLP. “As a leader in enterprise RPA, UiPath brings deep knowledge of process automation for maximum impact on the business results of their manufacturing operations. We’re excited to partner with UiPath in the Smart Factory @ Wichita and help businesses explore the art of the possible.
The Smart Factory @ Wichita is a highly digitized connected manufacturing facility that uses technologies such as artificial intelligence (AI), Internet of Things (IoT) and robotics to help companies manufacture products, create new business value, unlock data-driven insights, and automate or eliminate business processes. These technologies allow people to do their jobs more productively and efficiently while improving overall quality and safety. The Smart Factory @ Wichita will bring digital transformations to life by demonstrating how to merge existing technologies with new innovations, sparking a dialogue about how businesses can accelerate their journey to scalable and sustainable capabilities.
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Click here to watch UiPath Chief Revenue Officer Thomas Hansen and Deloitte Consulting Smart Factory Market Leader Jason Bergstrom describe the importance of digital transformation in manufacturing.
UiPath’s vision is to deliver the Fully Automated Enterprise™, an enterprise where enterprises use automation to unlock their greatest potential. UiPath offers an end-to-end automation platform, combining the leading Robotic Process Automation (RPA) solution with a comprehensive suite of features that enable every organization to rapidly scale digital business operations.