The Smart Factory or Industry 4.0 is the name given to the current phase of the industrial revolution. A smart factory is a highly digitized shop floor and connected machines, devices, and production systems.
It is the integration of smart digital technology such as IIoT and the manufacturing process. It helps you manage and optimize all aspects of your manufacturing processes and supply chain.
Gives you access to the real-time data and insights you need to make smarter, faster decisions about your business, which can ultimately boost the efficiency and profitability of your entire operation.
Digitalization of the industrial sector faces its greatest test to date in 2020. Companies across all sectors were forced to take extraordinary measures to protect their people and maintain operations during the largest health and economic crisis ever recorded.
Early adopters of industry 4.0 had a better chance of responding to the crisis than those who did not adopt it until COVID-19.
It is no longer possible for many companies to ignore the limitations created by weaknesses in their underlying information technology, as well as operational technology (IT/OT) infrastructure.
We have designed a flexible and modular Manufacturing Intelligence Platform which is based on Industrial IOT, Big Data and Analytics, and can be implemented in any factory to help take strategic decisions for improving production efficiency and increasing profits.
There are different levels of scalability with this product, from one machine to multiple machines.
How does it helps
The capability to change engineering requirements at the last minute. During production, this enables the ability to adjust to changing customer requirements more easily. Improved design, reduced costs, and increased customer satisfaction are achieved by constant communication.
Provides a means for capturing and leveraging data. In addition to analysing, monitoring, and optimizing physical assets, digital twins allow maintenance and optimization of them. A balanced approach creates a balance between availability, asset health, and profitability. By moving from reactive to predictive, these automated assets reduce downtime and repair costs by preventing failing machinery.
Increased visibility onto the shop floor, increased flexibility, and better visibility of operation bottlenecks are all benefits of a digital supply chain. Eventually, rigid production lines are transformed into flexible production cells.
Long-term success depends on employees who are empowered. Automation will continue to increase, but more operations and tasks will require human judgment. Individual training is essential.