The days of operations that pursue speed, quality, and cost efficiency above all else have come to an end. Today, the objectives that manufacturers must pursue to ensure competitiveness have evolved. Sustainability, long seen as incompatible with these traditional goals, is now a strategic imperative.
How Deep Tech Can Drive Sustainability and Profitability in Manufacturing
Deep tech, which combines physical and digital technologies, is moving out of the lab and into real-world supply chains.
September 28, 2023
Adam Gault/Getty Images
Summary.
Companies are facing more pressure to become more sustainable while remaining profitable — and deep tech can help. Deep tech, which combines physical technologies and digital technologies, is moving out of the lab and into real-world supply chains. Younger firms, working alone or in collaboration with large companies, are doing much of the work to commercialize it.