THANK YOU FOR SUBSCRIBING
Manufacturing Technology Insights | Thursday, February 16, 2023
The smart factory technologies can be categorised as cloud-scale data management and analytics, connectivity, and intelligent automation, opening up seamless success opportunities in the arena.
FREMONT, CA: The global manufacturing scale has faced critical challenges in labour productivity and asset efficiency, wherein optimising critical operations from manufacturing to the supply chain opens up seamless opportunities in the business arena. Generally, optimising processes within the desired functions and achieving operational excellence is likely termed “smart manufacturing" and is often prompted by various innovative technologies like the industrial internet of things (IIoT) and artificial intelligence (AI).
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Concepts like digital and cyber manufacturing are part of the wide smart manufacturing space, especially where, global standards define them as critical work that is yet to progress with increased efficiency. Large-scale manufacturers on an elevated scale highly rely upon accelerating investments in smart factories. Smart factories often combine human creativity, digitally combined machines, assets, and AI-powered analytics, where the augmentation of human intelligence with machine intelligence fuels the adaptability of the process and the capacity to customise outputs per real-time data and insights.
The smart manufacturing sector encompasses varied characteristics—visibility, agility, and resilience—in structuring efficient supply chain models and overall business operations. Hence, dozens of smart factory technologies have likely triggered a myriad of smart manufacturing use cases in recent times. Smart factory technologies are manufactured in three distinct categories: cloud-scale data management and analytics, connectivity, and intelligent automation.
The cloud-scale data management and analytics technologies hold a crucial role in implementing predictive intelligence and forecasting capabilities, enabling IT-OT convergence, and supporting end-to-end digital continuity, be it in design or operations like digital twins and closed-loop engineering design. A critical leveraging of the IIoT enables the collection of data from existing equipment and new sensors with proven efficacy. Alongside this, the closed-loop optimisation paradigm of a smart factory critically functions over data acquisition, analysis, and intelligent factory automation.
Meanwhile, intelligent automation, favoured via smart manufacturing, is based on traditional automation techniques—plant control systems, MES, distributed control, and IIoT-enabled automation processing via machine vision and drones. Smart factories can also be described as the mere ability to create a closed loop and data-driven optimisation of end-to-end operations that undergo continuous procedural improvement for self-correction and optimisation in the arena. That is, smart factories are self-learning, holding an induced capability to even teach humans for a more productive, adaptive, and safe future.
The primary milestone of the smart factory highly relies on deploying advanced analytics for efficient data-driven decision support and reaching substantial stage operations. These processes enable effective self-optimisation performance across a broad range of networks, enabling real-time self-adoption and learning from new and established conditions, and autonomously running production operations.
More in News