Digital Transformation in Manufacturing is referred to as Industry 4.0, which encompasses the promise of a new industrial revolution. This promise that marries advanced manufacturing techniques with the Internet of Things to create manufacturing systems that are not only interconnected, but communicate, analyze, and use information to drive further intelligent action back in the physical world.
A smart factory is flexible, can self-optimize performance across a broader network, self-adapt to and learn from new conditions in real- or near real-time, and autonomously run entire production processes.
The Smart Factory achieves direct KPI benefits that result in Higher Yield, Product Quality and Good-Out’s, while lowering Cycle Times and overall Production Costs.
This is accomplished by integrating technologies along the Production Life Cycle, to continuously improve, Production performance, automation, control and critical Insights.
Smart Factory Analytics provide ‘Continuous Cycles of Learning’, native within The Smart Factory, where integration and data collection are essential building blocks.
