SlideShare a Scribd company logo
HOW SMART IS YOUR
SHOP FLOOR?
INTRODUCTION
Ever visited a power plant in recent times? The number of
personnel on the floor is hardly 5.
A couple of people, operating a little away from the plant,
watching a number of displays and light bulbs would be
‘quietly’ monitoring the entire production process.
In fact, you would almost be greeted with an eerie silence,
except for the hum of the turbines. Now, contrast that with a
traditional manufacturing plant – the number of moving parts
(literally and figuratively) make the shop floor a beehive of
activity.
What if the traditional shop floor can also be managed and
monitored with quiet confidence and outstanding efficiency –
by connecting machines, systems and people seamlessly.
Deloitte Insights on The smart factory – says,
The smart factory represents a leap forward from more traditional automation to a
fully connected and flexible system – one that can use a constant stream of data
from connected operations and production systems to learn and adapt to new
demands.
… A true smart factory can integrate data from system-wide physical, operational,
and human assets to drive manufacturing, maintenance, inventory tracking,
digitization of operations through the digital twin, and other types of activities
across the entire manufacturing network.
The result can be a more efficient and agile system, less production downtime, and
a greater ability to predict and adjust to changes in the facility or broader network,
possibly leading to better positioning in the competitive marketplace.
“
The technologies driving this
revolution are of course Industrial IoT
(Internet of Things), Cloud, Artificial
Intelligence and Machine Learning.
According to a projection by Cisco,
manufacturing will account for 27% of
the projected $14.4 trillion IoT market
between 2013 and 2022, with smart
factories contributing $1.95 trillion of
the total value at stake in the same
timeframe.
… TECH
TRENDS
2018
SMART FLOOR.Let us look at how different areas of shop
floor by IOT and Cloud.
A publication of
Plant Data and
Data Driven
Decision Making
Use of computers in shop floor is not a new phenomenon.
IOT For Smart Data Collection
IoT, it is now far easier and faster to collect and manage large amounts of
manufacturing data not just in a single factory, but across multiple
production sites through the cloud.
And, when combined with analytics, companies will gain better insights,
allowing them to optimize plant operations, reduce defects and perform
preventative maintenance.
A publication of
Monitoring and
Managing Asset
Performance
Typically, in any shop floor, processes would be in place to divert
production in the case machinery failure.
Better Performance - IOT Analytics
Through the use of sensors, IoT and analytics it is possible to predict and
prevent catastrophic failure on large-scale plant floor equipment, like
boilers or compressors.
And, you can measure conditions like input flow and pressure settings, and
determine whether a piece of equipment is running at optimal
performance, including consumption of energy.
A publication of
Optimization and
Reliability
Having automated workflows, synchronization of assets, improved
tracking and scheduling, and optimized energy consumption means that
today, a smart shop floor / factory can increase yield, uptime, and quality,
as well as reduce costs and waste.
Reliability
The nominal manual intervention increases reliability.
Remote equipment management, including setting specific limits and
parameters, allows for significant savings in energy and costs.
A publication of
Business
Intelligence
By integrating shop floor decisions and insights with the rest of the supply
chain, sales & marketing and broader enterprise through the IoT
ecosystem, organizations can not only fundamentally change production
processes, but also enhance relationships with suppliers and customers.
Business Intellegence
If you are wondering, how come we have not touched Robotic Process
Automation (RPA) as we speak about the revolution that is taking place in
shop floor automation…
Well, that is a whole different area of discussion for another day.
“If you are interested in
taking advantage of IoT,
and would like to work
with an expert in digital
transformation – talk to
Hakuna Matata.”
HAKUNA MATATA
IOT Expert - Digital
Transformation

More Related Content

What's hot

The Impact of Internet of Things (IoT) in Manufacturing Today
The Impact of Internet of Things (IoT) in Manufacturing TodayThe Impact of Internet of Things (IoT) in Manufacturing Today
The Impact of Internet of Things (IoT) in Manufacturing Today
Suyati Technologies
 
5 Smart Manufacturing Terms to Know
5 Smart Manufacturing Terms to Know5 Smart Manufacturing Terms to Know
5 Smart Manufacturing Terms to Know
Monarch Metal
 
Leverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing SolutionsLeverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing Solutions
Softweb Solutions
 
MT84 IoT and Smart Manufacturing Innovations
MT84 IoT and Smart Manufacturing InnovationsMT84 IoT and Smart Manufacturing Innovations
MT84 IoT and Smart Manufacturing Innovations
Dell EMC World
 
Genius of Things Houston
Genius of Things HoustonGenius of Things Houston
Genius of Things Houston
IBM Internet of Things
 
Advectus DMS-Overview
Advectus DMS-OverviewAdvectus DMS-Overview
Advectus DMS-Overview
Advectus
 
IBM Embracing IoT in the era of Cognitive Buildings PoV
IBM Embracing IoT in the era of Cognitive Buildings PoVIBM Embracing IoT in the era of Cognitive Buildings PoV
IBM Embracing IoT in the era of Cognitive Buildings PoV
Carl Allen
 
Next Dimension + Cisco Smart Manufacturing
Next Dimension + Cisco Smart ManufacturingNext Dimension + Cisco Smart Manufacturing
Next Dimension + Cisco Smart Manufacturing
Next Dimension Inc.
 
Monetization Strategies For The Internet Of Things
Monetization Strategies For The Internet Of Things Monetization Strategies For The Internet Of Things
Monetization Strategies For The Internet Of Things
eCornell
 
Accelerated adoption of Internet of Things (IoT) with In-network computing an...
Accelerated adoption of Internet of Things (IoT) with In-network computing an...Accelerated adoption of Internet of Things (IoT) with In-network computing an...
Accelerated adoption of Internet of Things (IoT) with In-network computing an...
Infosys
 
What is a smart factory
What is a smart factoryWhat is a smart factory
What is a smart factory
paul young cpa, cga
 
Digital Transformation in Manufacturing - A Whitepaper by RapidValue Solutions
Digital Transformation in Manufacturing - A Whitepaper by RapidValue SolutionsDigital Transformation in Manufacturing - A Whitepaper by RapidValue Solutions
Digital Transformation in Manufacturing - A Whitepaper by RapidValue Solutions
RapidValue
 
Milestones on the Omni-Channel Journey
Milestones on the Omni-Channel JourneyMilestones on the Omni-Channel Journey
Milestones on the Omni-Channel Journey
Oliver Guy
 
2015-11-24-cognizant-digital-factory
2015-11-24-cognizant-digital-factory2015-11-24-cognizant-digital-factory
2015-11-24-cognizant-digital-factory
Sirris
 
Digital supply chains and the smart factories
Digital supply chains and the smart factoriesDigital supply chains and the smart factories
Digital supply chains and the smart factories
Parasuram Balasubramanian
 
Industrial Internet of Things (IIoT) for Automotive Paint Shop Operations
Industrial Internet of Things (IIoT) for Automotive Paint Shop OperationsIndustrial Internet of Things (IIoT) for Automotive Paint Shop Operations
Industrial Internet of Things (IIoT) for Automotive Paint Shop Operations
Ram Shetty
 
The road to smart manufacturing in the UK
The road to smart manufacturing in the UKThe road to smart manufacturing in the UK
The road to smart manufacturing in the UK
ABB Robotics UK
 
Industrial Internet of Things by Edy Liongosari of Accenture
Industrial Internet of Things by Edy Liongosari of AccentureIndustrial Internet of Things by Edy Liongosari of Accenture
Industrial Internet of Things by Edy Liongosari of Accenture
gogo6
 
Wind Riverpost - Company Profile
Wind Riverpost - Company ProfileWind Riverpost - Company Profile
Wind Riverpost - Company Profile
Salesforce Deutschland
 
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive ManufacturingJourney to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
IBM Internet of Things
 

What's hot (20)

The Impact of Internet of Things (IoT) in Manufacturing Today
The Impact of Internet of Things (IoT) in Manufacturing TodayThe Impact of Internet of Things (IoT) in Manufacturing Today
The Impact of Internet of Things (IoT) in Manufacturing Today
 
5 Smart Manufacturing Terms to Know
5 Smart Manufacturing Terms to Know5 Smart Manufacturing Terms to Know
5 Smart Manufacturing Terms to Know
 
Leverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing SolutionsLeverage IoT to Setup Smart Manufacturing Solutions
Leverage IoT to Setup Smart Manufacturing Solutions
 
MT84 IoT and Smart Manufacturing Innovations
MT84 IoT and Smart Manufacturing InnovationsMT84 IoT and Smart Manufacturing Innovations
MT84 IoT and Smart Manufacturing Innovations
 
Genius of Things Houston
Genius of Things HoustonGenius of Things Houston
Genius of Things Houston
 
Advectus DMS-Overview
Advectus DMS-OverviewAdvectus DMS-Overview
Advectus DMS-Overview
 
IBM Embracing IoT in the era of Cognitive Buildings PoV
IBM Embracing IoT in the era of Cognitive Buildings PoVIBM Embracing IoT in the era of Cognitive Buildings PoV
IBM Embracing IoT in the era of Cognitive Buildings PoV
 
Next Dimension + Cisco Smart Manufacturing
Next Dimension + Cisco Smart ManufacturingNext Dimension + Cisco Smart Manufacturing
Next Dimension + Cisco Smart Manufacturing
 
Monetization Strategies For The Internet Of Things
Monetization Strategies For The Internet Of Things Monetization Strategies For The Internet Of Things
Monetization Strategies For The Internet Of Things
 
Accelerated adoption of Internet of Things (IoT) with In-network computing an...
Accelerated adoption of Internet of Things (IoT) with In-network computing an...Accelerated adoption of Internet of Things (IoT) with In-network computing an...
Accelerated adoption of Internet of Things (IoT) with In-network computing an...
 
What is a smart factory
What is a smart factoryWhat is a smart factory
What is a smart factory
 
Digital Transformation in Manufacturing - A Whitepaper by RapidValue Solutions
Digital Transformation in Manufacturing - A Whitepaper by RapidValue SolutionsDigital Transformation in Manufacturing - A Whitepaper by RapidValue Solutions
Digital Transformation in Manufacturing - A Whitepaper by RapidValue Solutions
 
Milestones on the Omni-Channel Journey
Milestones on the Omni-Channel JourneyMilestones on the Omni-Channel Journey
Milestones on the Omni-Channel Journey
 
2015-11-24-cognizant-digital-factory
2015-11-24-cognizant-digital-factory2015-11-24-cognizant-digital-factory
2015-11-24-cognizant-digital-factory
 
Digital supply chains and the smart factories
Digital supply chains and the smart factoriesDigital supply chains and the smart factories
Digital supply chains and the smart factories
 
Industrial Internet of Things (IIoT) for Automotive Paint Shop Operations
Industrial Internet of Things (IIoT) for Automotive Paint Shop OperationsIndustrial Internet of Things (IIoT) for Automotive Paint Shop Operations
Industrial Internet of Things (IIoT) for Automotive Paint Shop Operations
 
The road to smart manufacturing in the UK
The road to smart manufacturing in the UKThe road to smart manufacturing in the UK
The road to smart manufacturing in the UK
 
Industrial Internet of Things by Edy Liongosari of Accenture
Industrial Internet of Things by Edy Liongosari of AccentureIndustrial Internet of Things by Edy Liongosari of Accenture
Industrial Internet of Things by Edy Liongosari of Accenture
 
Wind Riverpost - Company Profile
Wind Riverpost - Company ProfileWind Riverpost - Company Profile
Wind Riverpost - Company Profile
 
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive ManufacturingJourney to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
 

Similar to Smart factory trends to watch in 2018 - Future of Industry 4.0

industrial IoT can monitor critical machinery
industrial IoT can monitor critical machineryindustrial IoT can monitor critical machinery
industrial IoT can monitor critical machinery
Dan Yarmoluk
 
Smart manufacturing
Smart manufacturingSmart manufacturing
Smart manufacturing
swati singh
 
IoT Business
IoT BusinessIoT Business
IoT Business
JainilSampat
 
iotcourse.pdf
iotcourse.pdfiotcourse.pdf
iotcourse.pdf
sharansant
 
iot_case.pptx
iot_case.pptxiot_case.pptx
iot_case.pptx
sharansant
 
Industry in transition fb note jan 2015
Industry in transition fb note jan 2015Industry in transition fb note jan 2015
Industry in transition fb note jan 2015
Ferdinando Bettinelli
 
The Next Wave of Manufacturing Relies on Plant Operations Transformation
The Next Wave of Manufacturing Relies on Plant Operations TransformationThe Next Wave of Manufacturing Relies on Plant Operations Transformation
The Next Wave of Manufacturing Relies on Plant Operations Transformation
Cognizant
 
What Internet of Things will enable on industry
What Internet of Things will enable on industryWhat Internet of Things will enable on industry
What Internet of Things will enable on industry
Daniel Peralles
 
40_43_C SAtek Access_0317
40_43_C SAtek Access_031740_43_C SAtek Access_0317
40_43_C SAtek Access_0317
Dan Yarmoluk
 
The Evolution and Impact of Ops Technology.docx
The Evolution and Impact of Ops Technology.docxThe Evolution and Impact of Ops Technology.docx
The Evolution and Impact of Ops Technology.docx
greendigital
 
Industry 4.0 with Instrumentation
Industry 4.0 with Instrumentation Industry 4.0 with Instrumentation
Industry 4.0 with Instrumentation
Kunal Adhikari
 
Industrial IoT: The Essentials of Implementing a Solution
Industrial IoT: The Essentials of Implementing a SolutionIndustrial IoT: The Essentials of Implementing a Solution
Industrial IoT: The Essentials of Implementing a Solution
Noman Shaikh
 
IOT Exec Summary
IOT Exec SummaryIOT Exec Summary
IOT Exec Summary
Tony Deering
 
Smart Manufacturing
Smart ManufacturingSmart Manufacturing
Smart Manufacturing
Aaron Zajas
 
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!Automation's Perfect Storm! These Changes Aren't Coming, They're Here!
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!
Walt Boyes
 
Iot and OEE
Iot and OEEIot and OEE
Iot and OEE
Peter Schwoerer
 
Industrial Iot and Legacy Scada system - the solution for future ?
Industrial Iot and Legacy Scada system - the solution for future ?Industrial Iot and Legacy Scada system - the solution for future ?
Industrial Iot and Legacy Scada system - the solution for future ?
Prescinto Technologies Private Limited
 
Industry 4.0
Industry 4.0Industry 4.0
Industry 4.0
swati singh
 
Integrated industry- Manufacturing of the Future
Integrated industry- Manufacturing of the FutureIntegrated industry- Manufacturing of the Future
Integrated industry- Manufacturing of the Future
Wg Cdr Jayesh C S PAI
 
adaptive-digital-factory-whitepaper
adaptive-digital-factory-whitepaperadaptive-digital-factory-whitepaper
adaptive-digital-factory-whitepaper
Carolyn Rostetter
 

Similar to Smart factory trends to watch in 2018 - Future of Industry 4.0 (20)

industrial IoT can monitor critical machinery
industrial IoT can monitor critical machineryindustrial IoT can monitor critical machinery
industrial IoT can monitor critical machinery
 
Smart manufacturing
Smart manufacturingSmart manufacturing
Smart manufacturing
 
IoT Business
IoT BusinessIoT Business
IoT Business
 
iotcourse.pdf
iotcourse.pdfiotcourse.pdf
iotcourse.pdf
 
iot_case.pptx
iot_case.pptxiot_case.pptx
iot_case.pptx
 
Industry in transition fb note jan 2015
Industry in transition fb note jan 2015Industry in transition fb note jan 2015
Industry in transition fb note jan 2015
 
The Next Wave of Manufacturing Relies on Plant Operations Transformation
The Next Wave of Manufacturing Relies on Plant Operations TransformationThe Next Wave of Manufacturing Relies on Plant Operations Transformation
The Next Wave of Manufacturing Relies on Plant Operations Transformation
 
What Internet of Things will enable on industry
What Internet of Things will enable on industryWhat Internet of Things will enable on industry
What Internet of Things will enable on industry
 
40_43_C SAtek Access_0317
40_43_C SAtek Access_031740_43_C SAtek Access_0317
40_43_C SAtek Access_0317
 
The Evolution and Impact of Ops Technology.docx
The Evolution and Impact of Ops Technology.docxThe Evolution and Impact of Ops Technology.docx
The Evolution and Impact of Ops Technology.docx
 
Industry 4.0 with Instrumentation
Industry 4.0 with Instrumentation Industry 4.0 with Instrumentation
Industry 4.0 with Instrumentation
 
Industrial IoT: The Essentials of Implementing a Solution
Industrial IoT: The Essentials of Implementing a SolutionIndustrial IoT: The Essentials of Implementing a Solution
Industrial IoT: The Essentials of Implementing a Solution
 
IOT Exec Summary
IOT Exec SummaryIOT Exec Summary
IOT Exec Summary
 
Smart Manufacturing
Smart ManufacturingSmart Manufacturing
Smart Manufacturing
 
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!Automation's Perfect Storm! These Changes Aren't Coming, They're Here!
Automation's Perfect Storm! These Changes Aren't Coming, They're Here!
 
Iot and OEE
Iot and OEEIot and OEE
Iot and OEE
 
Industrial Iot and Legacy Scada system - the solution for future ?
Industrial Iot and Legacy Scada system - the solution for future ?Industrial Iot and Legacy Scada system - the solution for future ?
Industrial Iot and Legacy Scada system - the solution for future ?
 
Industry 4.0
Industry 4.0Industry 4.0
Industry 4.0
 
Integrated industry- Manufacturing of the Future
Integrated industry- Manufacturing of the FutureIntegrated industry- Manufacturing of the Future
Integrated industry- Manufacturing of the Future
 
adaptive-digital-factory-whitepaper
adaptive-digital-factory-whitepaperadaptive-digital-factory-whitepaper
adaptive-digital-factory-whitepaper
 

More from hakuna matata solutions

What is Digital Transformation | Digital Transformation Myths and Trends 2018
What is Digital Transformation | Digital Transformation Myths and Trends 2018What is Digital Transformation | Digital Transformation Myths and Trends 2018
What is Digital Transformation | Digital Transformation Myths and Trends 2018
hakuna matata solutions
 
Steps to success in Digital Transformation | Digital transformation key compo...
Steps to success in Digital Transformation | Digital transformation key compo...Steps to success in Digital Transformation | Digital transformation key compo...
Steps to success in Digital Transformation | Digital transformation key compo...
hakuna matata solutions
 
Why should a product manager look at metrics? Which metrics to track?
Why should a product manager look at metrics? Which metrics to track?Why should a product manager look at metrics? Which metrics to track?
Why should a product manager look at metrics? Which metrics to track?
hakuna matata solutions
 
Hm corporate presentation
Hm corporate presentationHm corporate presentation
Hm corporate presentation
hakuna matata solutions
 
Hakuna matata - See before you build it Service presentation
Hakuna matata - See before you build it Service presentationHakuna matata - See before you build it Service presentation
Hakuna matata - See before you build it Service presentation
hakuna matata solutions
 
Agile product methodology & its challenges
Agile product methodology & its challengesAgile product methodology & its challenges
Agile product methodology & its challenges
hakuna matata solutions
 

More from hakuna matata solutions (6)

What is Digital Transformation | Digital Transformation Myths and Trends 2018
What is Digital Transformation | Digital Transformation Myths and Trends 2018What is Digital Transformation | Digital Transformation Myths and Trends 2018
What is Digital Transformation | Digital Transformation Myths and Trends 2018
 
Steps to success in Digital Transformation | Digital transformation key compo...
Steps to success in Digital Transformation | Digital transformation key compo...Steps to success in Digital Transformation | Digital transformation key compo...
Steps to success in Digital Transformation | Digital transformation key compo...
 
Why should a product manager look at metrics? Which metrics to track?
Why should a product manager look at metrics? Which metrics to track?Why should a product manager look at metrics? Which metrics to track?
Why should a product manager look at metrics? Which metrics to track?
 
Hm corporate presentation
Hm corporate presentationHm corporate presentation
Hm corporate presentation
 
Hakuna matata - See before you build it Service presentation
Hakuna matata - See before you build it Service presentationHakuna matata - See before you build it Service presentation
Hakuna matata - See before you build it Service presentation
 
Agile product methodology & its challenges
Agile product methodology & its challengesAgile product methodology & its challenges
Agile product methodology & its challenges
 

Recently uploaded

zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
Alex Pruden
 
Choosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptxChoosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptx
Brandon Minnick, MBA
 
Building Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and MilvusBuilding Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and Milvus
Zilliz
 
“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...
“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...
“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...
Edge AI and Vision Alliance
 
Fueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte WebinarFueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte Webinar
Zilliz
 
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing InstancesEnergy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Alpen-Adria-Universität
 
Generating privacy-protected synthetic data using Secludy and Milvus
Generating privacy-protected synthetic data using Secludy and MilvusGenerating privacy-protected synthetic data using Secludy and Milvus
Generating privacy-protected synthetic data using Secludy and Milvus
Zilliz
 
Columbus Data & Analytics Wednesdays - June 2024
Columbus Data & Analytics Wednesdays - June 2024Columbus Data & Analytics Wednesdays - June 2024
Columbus Data & Analytics Wednesdays - June 2024
Jason Packer
 
AWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptxAWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptx
HarisZaheer8
 
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
alexjohnson7307
 
Trusted Execution Environment for Decentralized Process Mining
Trusted Execution Environment for Decentralized Process MiningTrusted Execution Environment for Decentralized Process Mining
Trusted Execution Environment for Decentralized Process Mining
LucaBarbaro3
 
June Patch Tuesday
June Patch TuesdayJune Patch Tuesday
June Patch Tuesday
Ivanti
 
5th LF Energy Power Grid Model Meet-up Slides
5th LF Energy Power Grid Model Meet-up Slides5th LF Energy Power Grid Model Meet-up Slides
5th LF Energy Power Grid Model Meet-up Slides
DanBrown980551
 
SAP S/4 HANA sourcing and procurement to Public cloud
SAP S/4 HANA sourcing and procurement to Public cloudSAP S/4 HANA sourcing and procurement to Public cloud
SAP S/4 HANA sourcing and procurement to Public cloud
maazsz111
 
WeTestAthens: Postman's AI & Automation Techniques
WeTestAthens: Postman's AI & Automation TechniquesWeTestAthens: Postman's AI & Automation Techniques
WeTestAthens: Postman's AI & Automation Techniques
Postman
 
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-EfficiencyFreshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
ScyllaDB
 
Best 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERPBest 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERP
Pixlogix Infotech
 
Programming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup SlidesProgramming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup Slides
Zilliz
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
MichaelKnudsen27
 
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success StoryDriving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Safe Software
 

Recently uploaded (20)

zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
zkStudyClub - LatticeFold: A Lattice-based Folding Scheme and its Application...
 
Choosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptxChoosing The Best AWS Service For Your Website + API.pptx
Choosing The Best AWS Service For Your Website + API.pptx
 
Building Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and MilvusBuilding Production Ready Search Pipelines with Spark and Milvus
Building Production Ready Search Pipelines with Spark and Milvus
 
“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...
“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...
“Temporal Event Neural Networks: A More Efficient Alternative to the Transfor...
 
Fueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte WebinarFueling AI with Great Data with Airbyte Webinar
Fueling AI with Great Data with Airbyte Webinar
 
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing InstancesEnergy Efficient Video Encoding for Cloud and Edge Computing Instances
Energy Efficient Video Encoding for Cloud and Edge Computing Instances
 
Generating privacy-protected synthetic data using Secludy and Milvus
Generating privacy-protected synthetic data using Secludy and MilvusGenerating privacy-protected synthetic data using Secludy and Milvus
Generating privacy-protected synthetic data using Secludy and Milvus
 
Columbus Data & Analytics Wednesdays - June 2024
Columbus Data & Analytics Wednesdays - June 2024Columbus Data & Analytics Wednesdays - June 2024
Columbus Data & Analytics Wednesdays - June 2024
 
AWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptxAWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptx
 
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
 
Trusted Execution Environment for Decentralized Process Mining
Trusted Execution Environment for Decentralized Process MiningTrusted Execution Environment for Decentralized Process Mining
Trusted Execution Environment for Decentralized Process Mining
 
June Patch Tuesday
June Patch TuesdayJune Patch Tuesday
June Patch Tuesday
 
5th LF Energy Power Grid Model Meet-up Slides
5th LF Energy Power Grid Model Meet-up Slides5th LF Energy Power Grid Model Meet-up Slides
5th LF Energy Power Grid Model Meet-up Slides
 
SAP S/4 HANA sourcing and procurement to Public cloud
SAP S/4 HANA sourcing and procurement to Public cloudSAP S/4 HANA sourcing and procurement to Public cloud
SAP S/4 HANA sourcing and procurement to Public cloud
 
WeTestAthens: Postman's AI & Automation Techniques
WeTestAthens: Postman's AI & Automation TechniquesWeTestAthens: Postman's AI & Automation Techniques
WeTestAthens: Postman's AI & Automation Techniques
 
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-EfficiencyFreshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
Freshworks Rethinks NoSQL for Rapid Scaling & Cost-Efficiency
 
Best 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERPBest 20 SEO Techniques To Improve Website Visibility In SERP
Best 20 SEO Techniques To Improve Website Visibility In SERP
 
Programming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup SlidesProgramming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup Slides
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
 
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success StoryDriving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
 

Smart factory trends to watch in 2018 - Future of Industry 4.0

  • 1. HOW SMART IS YOUR SHOP FLOOR?
  • 2. INTRODUCTION Ever visited a power plant in recent times? The number of personnel on the floor is hardly 5. A couple of people, operating a little away from the plant, watching a number of displays and light bulbs would be ‘quietly’ monitoring the entire production process. In fact, you would almost be greeted with an eerie silence, except for the hum of the turbines. Now, contrast that with a traditional manufacturing plant – the number of moving parts (literally and figuratively) make the shop floor a beehive of activity. What if the traditional shop floor can also be managed and monitored with quiet confidence and outstanding efficiency – by connecting machines, systems and people seamlessly.
  • 3. Deloitte Insights on The smart factory – says,
  • 4. The smart factory represents a leap forward from more traditional automation to a fully connected and flexible system – one that can use a constant stream of data from connected operations and production systems to learn and adapt to new demands. … A true smart factory can integrate data from system-wide physical, operational, and human assets to drive manufacturing, maintenance, inventory tracking, digitization of operations through the digital twin, and other types of activities across the entire manufacturing network. The result can be a more efficient and agile system, less production downtime, and a greater ability to predict and adjust to changes in the facility or broader network, possibly leading to better positioning in the competitive marketplace. “
  • 5. The technologies driving this revolution are of course Industrial IoT (Internet of Things), Cloud, Artificial Intelligence and Machine Learning. According to a projection by Cisco, manufacturing will account for 27% of the projected $14.4 trillion IoT market between 2013 and 2022, with smart factories contributing $1.95 trillion of the total value at stake in the same timeframe. … TECH TRENDS 2018
  • 6. SMART FLOOR.Let us look at how different areas of shop floor by IOT and Cloud.
  • 7. A publication of Plant Data and Data Driven Decision Making
  • 8. Use of computers in shop floor is not a new phenomenon. IOT For Smart Data Collection IoT, it is now far easier and faster to collect and manage large amounts of manufacturing data not just in a single factory, but across multiple production sites through the cloud. And, when combined with analytics, companies will gain better insights, allowing them to optimize plant operations, reduce defects and perform preventative maintenance.
  • 9. A publication of Monitoring and Managing Asset Performance
  • 10. Typically, in any shop floor, processes would be in place to divert production in the case machinery failure. Better Performance - IOT Analytics Through the use of sensors, IoT and analytics it is possible to predict and prevent catastrophic failure on large-scale plant floor equipment, like boilers or compressors. And, you can measure conditions like input flow and pressure settings, and determine whether a piece of equipment is running at optimal performance, including consumption of energy.
  • 11. A publication of Optimization and Reliability
  • 12. Having automated workflows, synchronization of assets, improved tracking and scheduling, and optimized energy consumption means that today, a smart shop floor / factory can increase yield, uptime, and quality, as well as reduce costs and waste. Reliability The nominal manual intervention increases reliability. Remote equipment management, including setting specific limits and parameters, allows for significant savings in energy and costs.
  • 14. By integrating shop floor decisions and insights with the rest of the supply chain, sales & marketing and broader enterprise through the IoT ecosystem, organizations can not only fundamentally change production processes, but also enhance relationships with suppliers and customers. Business Intellegence If you are wondering, how come we have not touched Robotic Process Automation (RPA) as we speak about the revolution that is taking place in shop floor automation… Well, that is a whole different area of discussion for another day.
  • 15. “If you are interested in taking advantage of IoT, and would like to work with an expert in digital transformation – talk to Hakuna Matata.” HAKUNA MATATA IOT Expert - Digital Transformation