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Report Shows Information Governance Vital for Smart Manufacturing and Increased Productivity

Wednesday, March 13, 2019
 

Report Shows Information Governance Vital for Smart Manufacturing and Increased Productivity

The Smart Factories: Issues of Information Governance report from the Manufacturing Policy Initiative at Indiana University’s School of Public and Environmental Affairs discusses smart manufacturing's dependence on information governance—rules concerning the collection, flow and analysis of information, often in digital form.

In October, the initiative hosted a roundtable event in Washington, D.C., asking executives from nearly 20 global manufacturers and policy experts in academia to weigh in on the subject. Academics were also encouraged to contribute papers on related topics, including artificial intelligence in manufacturing, technical standards, cybersecurity and privacy, and digital trade. The papers and discussions produced by this roundtable revealed four findings:
• Information governance policies must be in place to enable smart-factory technologies and reduce unnecessary barriers to market entry.
• The United States lags behind nations like China and Germany when it comes to a coordinated approach to information governance.
• Policy makers should consider the distinction between information technology and operational technology, the complexity of 21st-century global supply chains and the capabilities of smaller firms.
• While manufacturers are taking some collective action, with the increasing availability of cybersecurity insurance serving as an example, in other areas, such as digital trade policy, only governmental action will provide the security that drives investment.

"Information governance will shape the future of the digital economy," says Keith Belton, director of the Manufacturing Policy Initiative. "Absent a government role, information governance may not include important public protections, like those for personal privacy, cybersecurity and intellectual property. This report shows that collective action is needed to establish the rules for digital information, which represents the life blood for smart manufacturing."

The report was presented to the House Manufacturing Caucus in Washington, DC, earlier this month.


 

Related Enterprise Zones: Automation, Quality Control


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