Manufacturing is becoming more digitized as the industry is embracing automation to a higher intensity than ever before. The Industrial Internet of Things (IIoT) is bringing artificial intelligence, cloud computing, and robotics into factories. Cyber-physical operations can now mix all aspects of the supply chain, including operational systems and data systems, and are taking the place of old, siloed mechanisms.
Any factory that uses these technological innovations is recognized as a Smart Factory and it triggers what analysts call nowadays Industry 4.0. Smart Factories will benefit the manufacturing industry substantially, as digital technology can offer higher production performance, better quality products with minimal errors, and increased flexibility for working processes.Read more