The industrial sector is “still in the early stages” of internet of things adoption, according to a new report, although it says the vast majority have made a start.
Bsquare’s 2017 Annual IIoT Maturity Study reveals 86 percent of industrial organizations have adopted IoT but “fewer than half” are using advanced analytics and only a quarter have taken steps to automate the application of insights
Only 8 per cent of UK manufacturers have a significant understanding of Industry 4.0 processes despite 59 per cent recognising that the fourth industrial revolution will have a big impact on the sector, according to a new report published today by accountancy and business advisory firm BDO in association with the Institution of Mechanical Engineers (IMechE).
As the increasing use of automation, data exchange, technology and wider supply chain communications driven by Industry 4.0 provides both huge opportunities and threats to UK manufacturing, there remains a “gaping hole” in the education and understanding of Industry 4.0, says the report.
Martyn Williams, managing director of industrial automation software expert Copa-Data UK, discusses how machine builders can use predictive analytics to minimise the maintenance and downtime costs of their products
The cost of production downtime varies significantly from one industry sector to another, but without a doubt, when it occurs, downtime is a troublesome and expensive inconvenience for all manufacturers.
More often than not, halts in production could be avoided, so imagine just how much manufacturers could save if machine data was available to anticipate breakdowns.
Kuka, one of the world’s biggest industrial robotics companies, is to develop a smart manufacturing platform in collaboration with Chinese communications giant Huawei.
Kuka and Huawei signed a deal to develop what could be a global network – built on the industrial internet of things – to enable the connection of robots across many factories. The companies say they plan to integrate artificial intelligence and deep learning into the system.
In the new manufacturing era, robots will play an increasingly important role in helping manufacturing businesses remain agile and drive growth, say the two companies.