The Industrial Internet of Things (IIoT) and Industry 4.0 are transforming the world of manufacturing. The two terms are relatively interchangeable and basically mean the same thing: Manufacturers using internet-enabled technologies to improve their business strategies and outcomes.
"Out with the old, in with the new" is a catchy idiom. But, it can also be costly advice, especially for a manufacturer. Replacing its numerous older machines can cost anywhere from hundreds of thousands to millions of dollars.
Maybe the greatest benefit of a new technology is its lack of historical baggage, thereby enabling industry professionals to approach it with an open mind and a clean slate. Edge computing currently enjoys this status in manufacturing.
The fifth generation of wireless technology is quickly emerging. It will greatly expand the broadband capabilities of mobile networks and provide advanced wireless service for a wide variety of applications ranging from cell phones to assembly lines.
When you hear the phrase, "Industrial Internet of Things," what do you think of first? When we asked subscribers to ASSEMBLY and Quality magazines that question earlier this year, the answers were all over the map.
Productivity growth in manufacturing is stuck. Despite improvements in equipment, software and management approaches, annual labor productivity growth in the U.S. was around 0.7 percent between 2007 and 2018.
Discover how FactoryLogix® Enterprise Reporting can help you turn data into profit
May 4, 2020
Aegis Software is revolutionizing the way in which data exists and is utilized. With FactoryLogix, you can leverage contextualized data flows through data warehouses and discover value and opportunity where it was once invisible in your complex factory environment.
Data-Driven Manufacturing, Monetizing the Analytical Edge
May 4, 2020
Manufacturers around the world continue to grapple with the pressure of reducing costs while achieving the highest standard of quality. In this era of the connected customer, we are now experiencing a whole new world with mass customization/personalization in a high-volume environment becoming the norm.
The ASSEMBLY Show focuses exclusively on assembly technology equipment and products. Attendees have the opportunity to uncover new resources, experience equipment hands-on, evaluate the latest technologies and products, and connect face-to-face with industry experts. Read More