Factory of the future Future Investment Initiative 2019 Day 1

The discussion revolves around the concept of the "Factory of the Future" and "Factory as a Service," presented at the Future Investment Initiative 2019. The speakers, representing Bain & Company and Robert Bosch, highlight the transformative potential of advanced manufacturing concepts, emphasizing increased productivity, flexibility, and the shift from capital to operational expenditure. They underscore the significance of embracing these innovative paradigms for future competitiveness and differentiation in the manufacturing industry. The "Factory of the Future" concept aims to significantly enhance productivity, enable diverse product offerings, and usher in new business models, while the "Factory as a Service" model offers a transformative shift in ownership and operational expenditure, presenting new business opportunities through machine leasing and pay-on-performance structures. Ultimately, the discussion emphasizes the potential for significant improvement in productivity and competitiveness through the adoption of these innovative manufacturing paradigms.