Start driving decisions with machine data.
Categories:

    Many businesses are either currently making the transition to smart factories or are planning to. In fact, "A survey by the Economist finds that 63 percent of manufacturing organizations is now in the midst of a transformation while another 19 percent say that they are currently developing a strategy for initiating a transformation.  A similar survey by CapGemini found that three quarters of manufacturers are implementing or planning a smart factory strategy." Humans, machines, and information are working together for optimal efficiency and safety. Have you thought about making the transition yet?

    Recommended Read Smart Factories: Advanced Manufacturing Technologies for Industry 4.0Source: http://formtek.com

    Cloud computing, the Internet of Things, Machine Learning, advanced Robotics, and Cyber-Physical systems are technologies becoming widely deployed in manufacturing. The trend towards this kind of advanced manufacturing is being called labels like “Smart Factories” or “Industry 4.0“. A survey by the Economist finds that 63 percent of manufacturing organizations is now in the midst of a transformation while another 19 percent say that they are currently developing a strategy for initiating a transformation.  A similar survey by CapGemini found that three quarters of manufacturers are implementing or planning a smart factory strategy. Deloitte says that “the smart factory represents a leap forward from more traditional automation to a fully connected and flexible system… A smart factory can integrate data from system-wide physical, operational and human assets to drive manufacturing, maintenance and inventory tracking digitization.” Read More

    Comments

    Leave a comment

    Subscribe to our mailing list

    Related posts

    How is AI actually used in manufacturing?

    How is AI actually used in manufacturing?

    With so many buzzwords, sometimes it's hard to understand how all this new technology is actually being used.  Consultancy has some examples of companies using AI! One great way this technology can be...

    Industry 4.0
    Top reasons machine learning is a game changer

    Top reasons machine learning is a game changer

    Machine learning is really changing the way industrial production is done.  The ability to have a high level of insight into machines on a production floor can increase efficiency, decrease costs, and...

    Industry 4.0
    Is IoT living up to the hype?

    Is IoT living up to the hype?

    Is IoT living up to the hype? Yes, if you do your research.  The hype of Industry 4.0 is leading some businesses to believe that they need a massive technology overhaul which isn't always the case! In...

    Industry 4.0
    Industry 4.0 - visibility, connectivity, and progress

    Industry 4.0 - visibility, connectivity, and progress

    What does industry 4.0 mean, and what does it mean for you? The Fabricator said, "First, let’s back up. Industry 4.0 is just a term. Yes, it does refer to the fourth industrial revolution. The first w...

    Industry 4.0
    Digital transformation is shaping the future

    Digital transformation is shaping the future

    What is coming in the future of manufacturing? Even more connected technology. Sage said, "You can look ahead to a factory of the future – connecting information so intelligent machines can collaborat...

    Industry 4.0
    What industry 4.0 means for networks

    What industry 4.0 means for networks

    The rise of industry 4.0 is revealing a lot of networks that need some help.  Network World reported, "The researchers say a smarter, unique, and organic infrastructure needs to be developed for the I...

    Industry 4.0
    Is it time to go for 5G?

    Is it time to go for 5G?

    5G technology has been advancing, but is it right for your business?  Machine Design says, "Manufacturers need to be prepared to invest in infrastructure upgrades, and early adopters will face the tec...

    Industry 4.0
    People and manufacturing technology

    People and manufacturing technology

    As the manufacturing industry changes, many people are wondering where they will fit into the future.  TB Tech said that while the possibility is far off, "The possibility of a workless and worker-les...

    Industry 4.0
    What is Industry 4.0 anyway?

    What is Industry 4.0 anyway?

    What is Industry 4.0? Honestly if you're still asking this question you're a bit behind, but that's OK! Spotlight Metal said it is, "The fusion of digitalization with traditional industrial processes....

    Industry 4.0
    How IoT could help traffic

    How IoT could help traffic

    IoT is being used across many industries and topics, potentially including roads.  Spectrum said IoT, "Could allow smart cars and trucks to exchange information with other vehicles, traffic-management...

    Industry 4.0