Exciting Engineering Trends to Watch
Advances in technology constantly change the way products are engineered, as engineering experts work to identify problems and find creative solutions. Many of these advances will also influence employment as technology and human effort tie closely together in engineering. The following engineering trends will shape the equipment industries in 2020 and beyond.
Digital Twins
One influential trend right now is digital twin technology. Digital twins are virtual replicas of products or services. The concept has been around since the early 2000s, but recent advancements have allowed the technology to become readily accessible. This technology will make it easier for engineers to analyze products and processes and more accurately predict their performance.
Internet of Things
The prevalence of IoT and smart technology will continue to increase in 2020. We are moving into a world where interconnectedness is the norm. IoT technology has already had a profound effect on the manufacturing and equipment industries by greatly improving efficiency in factories. Some experts anticipate that IoT could save businesses close to $177 billion in 2020 and increase income potential by billions.
Artificial Intelligence
Artificial intelligence was one of the biggest trends in engineering last year, and growth in AI isn’t slowing down. Artificial intelligence has changed the way engineers work, forcing them to adopt a more flexible and cooperative approach to design. AI and machine learning will allow engineers to design more complex and innovative products, while creating jobs in the process. A major trend in artificial intelligence right now are generative design tools. Generative design uses machine learning to create design options based on specified design parameters. Such technology speeds up the design process, facilitating innovation and problem solving.
Robotics Process Automation
Robotics and robotics process automation are another huge trend in technology that will affect engineering. Robotics and automation increase productivity while improving the quality of services and products. Robotics is going to become a critical component of the engineering and equipment workplaces. This should increase profits for many businesses and open new doors for employment.
It is one of the most exciting periods in the history of technology and engineering. Innovations are happening at a frequency and a level few could ever have predicted. Concepts including digital twin technology, the Internet of things, artificial intelligence, machine learning, automation, and robotics are changing the very nature of industries like engineering, equipment, manufacturing, and design, allowing for higher productivity and increased profitability.
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