5 key trends in the global smart factory market

Abhishek Budholiya for Embedded Computing Design:  Smart factories are being touted as the future of manufacturing. Continuous advancement in machine intelligence is expected to bring about a fourth industrial revolution, expected to offer a wide range of benefits, including greater efficiency, flexibility, and safety. The global smart factory market was valued at nearly $52 billion in 2014 and is expected to expand at over 13 percent compound annual growth rate (CAGR) in the next ten tears. Let’s take a look at some key insights on the global smart factory market. First, smart factories are gaining traction in the automotive and transportation sector. Tightening profit margins and stringent guidelines have made automotive manufacturing a highly competitive market.   Cont'd...

Bosch, SAP team up for Industry 4.0

Peter Gutierrez for IoT Hub:  Bosch and SAP will combine their expertise on cloud technologies and software solutions to make inroads into the Internet of Things and Industry 4.0 markets. Customers will be able to use SAP’s HANA database platform within Bosch’s IoT Cloud, which the companies hope will enable large-scale data processing for IoT applications in real-time. Bosch’s IoT microservices will also be made available in SAP’s HANA cloud platform, providing multiple device and component connectivity.   Cont'd...

Industry 4.0 - Interview with Red Lion Controls

While much of the IIoT is focused on end-customer benefits, manufacturers need to recognize that they can also benefit from these emerging technologies and change their businesses if desired.

Icon Labs and Renesas Share Design Expertise in New IIoT Security Guide White Paper

What Design Engineers Need to Know to Develop Secure Networked and Web-Connected Equipment

Hirose, Harting Team Up on 10 Gbit Ethernet Connector Standard

Spencer Chin for Electronics360:  Interconnection component suppliers Hirose Electric Co., Ltd., based in Tokyo, and Harting Electronics GmbH, Espelkamp Germany, have reached an agreement on the joint development, product standardization and marketing of a miniaturized connection technology system for 10 Gbit ethernet. The technology will overcome the limitations of RJ45, which is not ideally suited for industrial environments and could only be deployed with certain modifications. In light of this situation, Harting developed reportedly the world’s first industry-compatible field attachable RJ45. The miniaturization of components and interfaces in connection technology has become a key factor in global digitalization through the Internet of Things and Services.   Cont'd...

New technologies reshape production lines

LINSEY MILLER & CHRISTOF WEHNER OF ARTESYN EMBEDDED TECHNOLOGIES, originally Published on Embedded Computing Design:  Whether people call it Industry 4.0, Industrial Internet of Things (IIoT), or networked production, they are all talking about coming changing paradigms in the industrial network. Today there are several single-task workstations, manned by humans or robots, which are connected to a higher-level enterprise resource planning (ERP) system. However, that hierarchy is on the cusp of changing massively in the near future to accommodate newer, more intelligent technologies spanning multiple segments of the production line.   Cont'd...

Rise in Connected Factory Installments Give Mobile Solutions Growth Opportunities, According to New VDC Research Report

Demand for internet of things (IoT) and other digital technologies to improve competitiveness and increase operational efficiency coincides with, and encourages, continued demand for mobile solutions.

How to prepare a business for an Industry 4.0 network

Joe Bombagi for Business Review Europe:  The first industrial revolution was based on the use of steam to power machines. The second centred on the use of electricity to supply energy to assembly lines. The third came about with the use of electronics and IT to further automate production. But all of that is in the past. We are now in the midst of the fourth industrial revolution, known as Industry 4.0, in which the Internet of Things (IoT) is set to overhaul not only business, but also every aspect of modern life. From cars, washing machines, and even clothing, to heart monitors and dams, anything and everything will soon be connected. As a result, the Industry 4.0 phenomenon is expected to revolutionise all areas within the manufacturing space, connecting all the elements that take part in the production process within the industrial environment: machines, products, systems, and people. The IoT will make today’s organisations more competitive by enabling them to further automate manufacturing processes, and collect and analyse data which they can then use to tailor their products to specific client needs.   Cont'd...

Do the benefits of robotics outweigh the heavy demands on infrastructure?

Ben Rossi for Information Age:   Robotics has already been deployed in manufacturing to great effect for over a decade, performing delicate and precise tasks with greater accuracy than humans. But now cutting-edge robots and other smart machines are set to join forces with the rapidly expanding Internet of Things, which Gartner estimates will total 25 billion devices by 2020. In healthcare, robotic services are already operating pharmacy dispensers and robotic trolleys are now deployed in a growing number of hospitals. In hospitality, robots deliver services such as drinks dispensing and automated trolley deliveries. Robots have even made their way into education, where they are being deployed successfully as a tutor, tool or peer in learning activities. But what impact will this large-scale adoption of robotics have on existing networks as they encounter inevitable further strain?   Cont'd...

Industrial Gateways, Application Development Platforms, and IoT Services Set to Fuel IIoT and Connected Factory Growth, According to VDC Research

Amidst a backdrop of macroeconomic headwinds and volatility in key markets and regions, vendors look to the IoT to improve efficiency and create new applications and markets.

IISc building India's 1st smart factory in Bengaluru

Chethan Kumar for The Times of India:  India's first smart factory — moving from automation to autonomy — where machines speak with each other, is being set up in Bengaluru. A smart factory, armed with data exchange in manufacturing and the Internet of Things (IoT) is the future and experts are calling it revolution Industry 4.0. Reports peg the smart factory industry to touch $215 billion by by 2025 and there has been no major economy in the world that is not embracing it. And, India's very own smart factory, the first one, is making progress at the Indian Institute of Science's (IISc) Centre for Product Design and Manufacturing (CPDM) with a seed funding from The Boeing Company. CPDM Chairman Amaresh Chakrabarti, who spoke exclusively to TOI about the project, said: "Yes, it will actually be manufacturing things here. But it will be a scaled down version, we won't have the numbers of an actual factory." As for the funding, he said: "I can only say Boeing is giving us enough to implement the project. I cannot discuss details. But the project is revolutionary. Indian factories now have automation, we've made some progress there, but here, we are talking about a facility that is autonomous, thinking and working on its own."   Cont'd...

Robotics, automation, and how a strong network is needed to connect it all up

Manish Sablokk for IoTTech:   Cutting-edge robots and other advanced smart machines are set to be added into the rapidly expanding Internet of Things, which is projected to reach 25 billion devices by 2020. Robotics has already been used in manufacturing to great effect for over a decade, performing delicate and precise tasks with a higher success rate than humans. With advancements such as 'deep learning' robots, delivery drones and ubiquitous knowledge-sharing between machines, widespread robotics adoption is becoming far more feasible. In healthcare, there are already robotic services in operation with automated pharmacy dispensing and robotic trolleys - robots that can navigate between floors and even call the lift using a Wi-Fi sensor. The hospitality sector has also been a keen adopter of robotics to deliver services and in education, robots are being deployed successfully as a tutor, tool or peer in learning activities, providing language, science and technology education.   Cont'd...

Industrial digitisation on fast track

The New Indian Express:  In a move to build the digital enterprise, the digitisation in industrial sector is  set to grow to 65 percent in the next five years as it is a priority of most CEOs in the industry, according to a PwC report. According to PwC Industry 4.0 report, more than half of the industrial companies in India are using data analytics and over 90 per cent expect data to impact their decision-making in five years. Globally, digitisation is expected to rise to 72 per cent from 33 per cent, the report noted. It is also noted that around 39 percent of the companies plan to invest more than 8 percent of their annual revenues in digital programmes in the next five years.   Cont'd...

Industrial Internet Consortium Announces the Factory Automation Platform as a Service (FA PaaS) Testbed

Contributing to business innovations in the global manufacturing industry through open IoT platforms that combine FA and IT

Where do you get the I/O for the IIoT?

Nick Butler, National Instruments for ControlDesign:  Data is the heart of all Internet of Things systems, including systems deployed into industrial environments. When we talk about making the aging electrical grid smarter or the factory of the future more efficient, what we’re really after are insights that can make our equipment and infrastructure smarter and more efficient. And to deliver these incredibly valuable insights, which will result in millions of dollars in savings, uptime or operational efficiency, we need data. Lots of it. We also need complex, computationally intensive algorithms that scour the data to find trends, patterns and anomalies (Figure 1). While these algorithms and analysis routines are a very important piece of the IIoT puzzle, the best data scientists in the world cannot predict equipment failures without enormous amounts of data.   Cont'd...

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