Industry 4.0 is building a foundation

Machine failure, once an accepted part of life for manufacturers and OEMs, has met its match with modern technology using IoT devices, the cloud, and edge computing. In order to pre-empt and prevent

Originally published on Modern Machine Shop. When pen-and-paper methods of tracking job efficiency left AccuRounds’ engineers and managers in the dark, the shop switched to MachineMetrics. But

What is an Edge Device? Edge devices are pieces of equipment that serve to transmit data between the local network and the cloud. They are able to translate between the protocols, or languages, used

Overall Equipment Effectiveness (OEE) is a methodology that has been around for many years. It is a straightforward system that measures a machine’s performance and productivity. By factoring in

Industry 4.0 is building a foundation for success. The statistics show that this technology is making a positive impact financially. Information Age said, "Manufacturers in EMEA believe that their digital investments will drive revenue growth of 13%over the next five years, while the sector's digital leaders are already deriving over 50% of their revenue from digitally-enhanced or digitally-led products and services." They recommend that your IT team creates a business continuity plan, manages your data well, keeps looking for opportunities, and reduces downtime.

Recommended ReadIndustry 4.0: Delivering the foundation for manufacturing’s futureSource: http://www.information-age.com

Industry 4.0 has become the Holy Grail in manufacturing. Faced with customer demands that are evolving faster than ever before - and the pressure of ongoing economic uncertainty - manufacturers are turning to digital transformation in pursuit of the new era of manufacturing. From more efficient operations to a more in-depth knowledge of customers and bringing new products to market at speed: Industry 4.0 promises to help manufacturers meet the needs of the future. Read More