As the manufacturing buzz phrase “Industry 4.0” continues to circulate throughout big business, companies are beginning to embrace the concepts of a smart factory. Mitsubishi Electric recently published an informative report that details the company’s experiences with Industry 4.0 concepts so far. They’ve found the ideals of Industry 4.0 to be rather straightforward: in-depth analysis of plants and systems, followed with continuous improvement of the same plants and systems, in order to maximize production efficiency. The dilemma lies in a lack of future planning, as automation systems have evolved in an inconsistent manner.
Industry 4.0 is the manufacturing buzz phrase and we’re told the road to digitalisation is the way forward. Chris Evans, Mitsubishi Electric, reveals how to create the smart factory and achieve Industry 4.0 goals. Read More