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Smart Manufacturing Concept Defined

Emerging Trends  

What exactly is the smart manufacturing concept? Dave Turbide says it comes down to visibility and connectivity. He also said, “Extensive use of industrial internet of things (IIoT) sensors and devices provide much of the enabling technology, while increasingly sophisticated analytics and smart applications based on AI and machine learning take over much of the routine management tasks, enabling workers, managers and executives to focus on handling exceptions and making sound strategic and tactical decisions.” This type of manufacturing is absolutely possible today, and should be considered. 76% of manufacturing companies are already working toward implementing this technology!

Why is the smart factory concept key for manufacturing?

The smart factory concept is increasingly discussed in relationship to the industrial sector. So what, exactly, is a smart factory, and why is it important to manufacturing? 

While there is no official definition of smart factory, the term is generally used to mean a production facility that

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