Overall Equipment Effectiveness is a key gauge of smart manufacturing ROI
Technology investments are made to solve specific business problems. In our technology-enabled world, enterprises of all sorts are allocating precious capital to make their operations “smart.” For manufacturers, becoming “smart” is about more than...
About $32 billion will be spent on industrial IoT platforms for smart manufacturing by 2025, and the number of industrial AR connections will surge by 57 percent per year in the period to 20.9 million in 2025. So says market advisory firm ABI Research,...
Digital twin and digital twin drive process improvement within and beyond a factory
Digital transformation is a broad term that means many things to many people. But, at its core, digital transformation is a technology-enabled process that facilitates the capture and analysis of operational data,...
Hitachi has installed a dedicated 5G network at its Silicon Valley Research Center, part of the Hitachi America's research and development division. The installation, done in partnership with Ericsson, will leverage Hitachi’s platform technology to accelerate the development and demonstrate the value of digital...
The IoT market for artificial intelligence (AI) and machine learning (ML) services will reach $1.09 billion in 2020 and grow to about 10-times the size, to $10.6 billion, by 2026, according to market advisory firm ABI Research.
The massive growth of so-called ‘advanced analytics’ within...
Companies in almost every industry are looking to digital twin technologies to drive meaningful business outcomes across the entire product development life cycle, from ideation and production to manufacturing, support and maintenance. Digital twins integrate geometry, real-time telemetry, engineering analysis, sensors, connectivity, artificial intelligence, machine learning and software...
We are currently facing a climate crisis that is becoming more severe with every continent it affects. Despite multiple warnings, energy usage continues to grow and countries are falling behind in adopting solutions to meet their 2030 climate goals. It’s no surprise that now...
South Korea’s telecommunications operators have launched new smart factory solutions with the aim of helping manufacturers overcome the economic slowdown caused by the COVID-19 pandemic, Korean news service Yonhap reported.
SK Telecom, the country’s largest mobile operator, released a subscription-based smart factory solution for small...
Predictive maintenance, process automation focus use cases
Hitachi and Microsoft Corp. announced a multi-year strategic alliance to accelerate the digital transformation of the manufacturing and logistics industries across Southeast Asia, North America and Japan.
In a release, the partners said that the first solutions will be...
Toyota exploring 5G for "digital engineering" of manufacturing processes
Nokia's latest private network win comes from Japanese automaker Toyota which selected the vendor to deploy a 5G-upgradable private network at its manufacturing design center in Fukuoka, Japan with an eye on support for internet of...
German company Siemens has developed a workplace distancing solution that helps manufacturers to simulate and manage employee exposure risks while enabling productivity throughout their facilities
In a release, the firm said that the new solution combines Siemens’ SIMATIC Real Time Locating Systems and Xcelerator portfolio.
Siemens...
Atlas Copco Airpower, a manufacturer of compressors, vacuum solutions, generators, pumps, power tools, and assembly systems is collaborating with Ericsson and Orange Belgium to ensure intelligent manufacturing with 4G and 5G technologies.
The Atlas Copco Airpower factory in Wilrijk, Belgium, is one of the world’s largest manufacturing sites for both portable...
Swiss operator Sunrise has launched an IoT connectivity management platform to activate and monitor IoT SIM cards. It is targeted at smart manufacturing, smart farming, and smart sports stadiums.
The new connectivity management platform, called Sunrise IoT Connect, allows IoT customers to activate and manage...
German automotive giant BMW has confirmed it will apply for 5G spectrum licences in the 3.7-3.8 GHz industrial band in local factories at home on an ad hoc basis through the remainder of 2020, as use cases and experiments arise.
“Depending on the projects we...
Private industrial 5G will be at the heart of manufacturing production from 2021, Siemens has said, as the industrial giant continues to move ahead with test networks at its electronics works in Amberg and automotive centre in Nuremburg, both in Germany.
Both deployments use Siemens’...
Verizon has opened a new 5G Lab and production studio in London to support its international business and media customers, the U.S. carrier said in a release.
This new opening represents the company’s first 5G-enabled facility outside the United States.
The lab, which is now open...
Connected Nokia factory in Oulu sees 30% productivity gain
Nokia has been bullish on using LTE and 5G to power private networks for industrial verticals like mining, shipping and manufacturing. As the network infrastructure vendor works to sell its vertically-tailored solutions through carrier customers and...
The Irish government has unveiled a five-year Industry 4.0 strategy to help manufacturing firms to respond to technological change.
The plan, announced last month, includes €23.5 million of funding for the Irish Manufacturing Research (IMR) Centre, a joint initiative between Enterprise Ireland and the IDA,...
Finland's Elisa Smart Factory, which provides industrial IoT and data analytics solutions, announced a collaboration agreement with IT services, consulting and business solutions provider Tata Consultancy Services (TCS).
Under the terms of this collaboration, Elisa Smart Factory and TCS will jointly undertake efforts to market...
Phil Skipper, global head of IoT business development, Vodafone:
“The key question is what will rise and fall in 2020, in terms of digital transformation for industry. At the end of 2019, low-power wide-area (LPWA) technologies, mobile private networks, and mobile edge computing are all...
The only way to innovate is to collaborate. In the fourth installment in our new series on smart manufacturing technologies, UK-based global editor-in-chief editor James Blackman looks at how the technology ecosystem is coming together in industrial settings to collaborate to define and develop...
The only way to innovate is to collaborate. In the fourth installment in our new series on smart manufacturing technologies, UK-based global editor-in-chief editor James Blackman looks at how the technology ecosystem is coming together in industrial settings to collaborate to define and develop...
Note, this interview, with Greg Corlis, managing director for emerging technologies and national IoT leader, at KPMG, is taken from a new Enterprise IoT Insights editorial report, called 'Crossing the IT/OT divide – co-creation, co-configuration, and how to bring industrial IoT to scale'. Go...
The possibilities are endless. That is what some vendors say about 5G, as they urge operators to partner with manufacturers to transform the technology into a lucrative revenue stream. Their intentions are good. The reality, though, is more complicated. In fact, there’s a widening...