Smart Manufacturing is the future of manufacturing. It’s a set of technologies that bring down the cost of producing goods while improving the quality of those goods.
Smart manufacturing has led to what’s been called the Fourth Industrial Revolution. The data collected from the manufacturing process and equipment used can determine productivity and efficiency. However, most of the older factories are still running legacy systems. Many of the equipment are non-connected and unable to send any alert automatically when the machines encounter problems.
As compared to new manufacturing facilities that are now equipped with sensors that can collect extensive data and monitor the usage of their assets and logistics, this new breed of factories can easily lead the industry and leave behind their old competitors. Thus, they need to transform digitally and embrace IR 4.0 technologies such as IoT.
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