Manufacturers are under increasing pressure to optimize profits and efficiencies while simultaneously reducing costs–a daunting challenge. On top of that, they also face significant demand to accelerate value realization even amongst disruptive challenges.
Overcoming these challenges and remaining competitive in an increasingly connected world is what a Smart Factory enables. A Smart Factory is one where manufacturers are using digital technologies to transform their business operations to improve profitability for the entire organization. The Smart Factory uses a never-ending stream of integrated data gathered from system-wide assets, analyzes that data, automatically optimizes factory operations, and empowers humans to make better decisions faster. It helps organizations learn, adapt, and meet market and customer demands. Making a factory smart means taking advantage of the Industrial Internet of Things (IIoT)–technologies that collect and centralize mass amounts of machine data gathered from industrial environments and create value from that data. Solutions built on IIoT platforms collect, aggregate, analyze, and provide insight to enable you to quickly act on the data to boost operational efficiency and production, improve quality and quicken time to market with real-time performance and production feedback.
This eBook explores using IIoT and cloud technologies to create a Smart Factory for new insights to optimize processes and productivity, sharpen competitive advantage, and respond to market changes that deliver value.
