Smart Automation News
Welcome to SACA’s Smart Automation News page! We strive to provide a central location to find out what’s trending in Industry 4.0 and Smart Automation in today’s rapidly changing advanced manufacturing world. Whether it’s articles on new equipment, new processes, or training opportunities, you will find it here!
Kenkyo Investing via Seeking Alpha: For the purpose of getting the conversation flowing, I'll focus on what the big 4 players are doing in the race for smart factory software development.
The Smart Factory. Using cognitive technologies ─ a combination of artificial intelligence (AI), Industrial Internet of Things (IIoT) data, advanced analytics and more ─ users can extract insights from data to move from reactive to predictive maintenance, pinpoint improvements, reduce waste and increase yield.
The Fourth Industrial Revolution (and Industry 4.0) will dramatically change the way we work, interact with each other and live our lives. It's disrupting every industry and company in the world and offering tremendous opportunity as well as potential risk. How should we prepare for the changes?
Industry 4.0 extends beyond the digitisation of physical assets, with the vision of a digitally enabled industrial economy that integrates business processes and data across multiple supply chains and value chain participants.
Industry 4.0, is now a viable solution for manufacturing organisations operating in most sectors of the industry. This is largely due to the proliferation of the Internet of Things (IoT) and the huge impact it is having on both processes and output.
The research suggests that only 29% of manufacturers admit to truly understanding what having a digital supply chain network is, and less than 15% of the respondents have implemented a digital supply network and expect it to become the norm for the company in the next five years.