Are plans underway at your company to evolve to an Industry 4.0 ecosystem? Meeting the real-time demands from original equipment manufacturers (OEMs) requires an innovative approach to managing manufacturing shop floors. Industry 4.0 business models promote lean and efficient operations and sustain advanced manufacturing.
There are multiple 4.0 models that provide a platform for the application of IIoT and the drive to building a more interconnected factory or smart facility. These include data-driven inventory optimization, predictive maintenance, and data-driven plant performance optimization. The ultimate goal of Overall Equipment Effectiveness (OEE) is improved as plant and asset managers have a greater insight into the operation of the machinery.
The implementation of Industry 4.0 products & solutions also requires the use of industrial cloud solutions to steer the journey to a more responsive and automated factory. A crucial part of this journey is the implementation of a sophisticated Human-Machine-Interfaces (HMI). Companies that make the right choice will gain a serious edge over the competition as enhanced control systems improve productivity. Other benefits will include lower energy usage, improved process efficiency and, the often overlooked benefit of cybersecurity.