One of the biggest challenges that enterprises face in their digitalization efforts is having too many complex data silos and applications that don't follow a common architecture.
The dilemma rests with whether Manufacturing Operations Management (MOM) or Manufacturing Execution System (MES) is a holistic solution to achieve Industry 4.0 transformation.
Siemens used IoT sensors and data analytics to create a digital twin of the factory. By analyzing and adjusting various parts of this model, the facility could see where inefficiencies were and which changes would have the greatest impact.
Given the criticality of usable data at scale for Industry 4.0, many manufacturers have turned to ISA-95-probably the most commonly recognized data-modeling standard around the world-for guidance.
The benefits of industry 4.0 in manufacturing are clear, but unlocking them requires organizations to overcome capacity constraints. The keys are in these change management strategies.
Industry 4.0 is truly the future of manufacturing. Automation, robotics, machine learning, and data analytics are just a few examples of how the fourth industrial revolution affects the way wire and cable is made and how well companies compete on the world stage.
The multitude of challenges that manufacturers face today is accelerating the need to adapt process innovation, embrace technology, and digitalize operations. Transformation is essential for manufacturers to become more resilient, agile, productive, and profitable.
Due to digitalization in Industry 4.0, internal logistics is subject to constant change. Internal traceability, i.e. the tracking of goods in the warehouse or production facility, is increasingly playing a key role.
Obsolescence is the natural consequence of continuous advances in technology. As such, it is impossible to eliminate it completely. However, it is possible to manage it strategically to minimize its negative impact on your business.
Overall equipment effectiveness (OEE) has been a leading manufacturing performance metric for decades. As Industry 4.0 has taken off, manufacturers now have a range of new tools and techniques that can improve their OEE scores.
Today's most sophisticated metrology systems drive quality assurance (QA) which has become a fundamental digital task which in and of itself facilitates efficient and cost-effective production processes.
Recognized by the World Economic Forum (WEF), Lighthouse facilities can also act as a guiding light for the manufacturing industry, as it navigates the technologies of Industry 4.0. But what makes a Lighthouse factory, and what can other manufacturers learn from them?
The most successful companies set themselves apart from the pack with their fearless approach to challenging the status quo, their ability to execute their strategy, and their drive to return shareholder value.
Google Trends data suggests that worldwide searches for 'Industry 4.0' have continually increased since the term was first coined. What's more interesting, is that the same data shows the term 'What is Industry 4.0?' is the most popular related query. Are you surprised?
Most conversations around the industrial IoT focus on its applications in assembly lines or inventory management. By comparison, processes like water management fly under the radar, but they contain the same potential.
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