The document discusses how digital transformation through technologies like Industry 4.0, IoT, big data, VR/AR, and artificial intelligence can benefit manufacturers. Industry 4.0 uses advanced technologies like smart sensors to increase visibility, minimize costs, and speed up production. IoT networks connect intelligent devices to gather and analyze data for cost control, efficiency, and innovation. Big data and advanced analytics provide insights from historical data to optimize processes. VR/AR technologies improve product design and help workers perform tasks faster and more accurately. Artificial intelligence and analytics help integrate systems for greater speed and scale.
XpertSolvers: Your Partner in Building Innovative Software Solutions
Digital Transformation in Manufacturing with Industry 4.0, IoT, Big Data, VR/AR & AI
1. Digital Transformation in the
Manufacturing Industry
-Hidden Brains
Enterprise Web & Mobile App Development Company
2. ❖ Industry 4.0 is here. It is all about the fourth industrial revolution which is all set to
transform the manufacturing process using advanced capabilities and IT solutions for
manufacturing such as smart sensors and actuators. As a result, manufacturers are gaining
benefits from increased visibility into operations, cost minimization, quicker production
times and provide excellent customer support. The only way manufacturers can take a leap
ahead of competitors and win market share and embrace the latest in growth-driven
Industry 4.0 technologies. Right from Enterprise Mobility Solutions to emerging
technologies, digital transformation is critical to building and executing growth strategies
for manufacturing.
❖ However, there are several factors which need to be taken into account. Equally important
it is to understand how IT solutions for the manufacturing industry will impact the
company’s financial performance and drive the company toward high performance.
3. IoT is the Next Big Thing
Manufacturers can strategically use the Internet of Things (IoT), which forms an intrinsic ecosystem of
connected devices within an existing infrastructure. IoT can achieve goals such as cost control, enhanced
efficiency, increased workers’ safety, and product innovation. IoT’s existence is primarily due to available
Internet access, smaller sensors, and cloud computing. Innovation is steering business growth and
technology is allowing manufacturers to rapidly evolve with an increasingly digital-first business
landscape.
❖ IoT is a network of intelligent devices to monitor, gather, exchange and analyze data. Each
industrial IoT ecosystem consists of:
❖ Intelligent and smart assets that can depict, sense, communicate and store information about
themselves.
❖ Public and/or private data communications infrastructure.
❖ Analytics and applications that generate actionable business information from data and people.
4. Big Data is Helping Manufacturers Achieve More
According to a McKinsey report, nearly “1.8 billion people will enter the global consuming class over the
next 15 years and worldwide consumption will nearly double to $64 trillion.” In such a scenario data
analytics provides manufacturers an opportunity to predict, innovate and implement. Businesses can use
advanced analytics to gain insights into historical process data, identify patterns among process and
optimize factors to design optimum processes. The biggest bottleneck is integrating data from multiple
sources and drawing valuable insights. However, the evolution in cloud services and solutions is allowing
companies to collect data from varied sources making big data usable.
Manufacturers can utilize a comprehensive understanding of their business. This allows to enhance
production, optimize operations, and address issues even problems arise.
5. VR and AR to Create Win-Win Situations
Emerging technologies providing highly immersive experience such as augmented reality (AR) and virtual
reality (VR) will continue to create beneficial partnerships to impact manufacturers. VR can allow
seamless integration with computer-aided designs which allows product developers to use VR and make
changes to products during the product design stage before getting into modeling and manufacturing
processes.
Workers are using smartglass which identify barcodes on inventory boxes and provide information such
as destination/ origin information.
Smartglasses help ensure that all parts are assembled correctly eliminating the need of consulting. AR
and VR can reduce inspection time and assist in detecting errors in addition to improving workers’ sight
line, which enables them to complete tasks faster.
6. Artificial Intelligence
Many manufacturing supply chains will continue to evolve into intelligent networks with real-time
information, legacy systems modernization and integration as well as maintaining delivery accuracy and
quality parameters. With Artificial Intelligence and business analytics, manufacturers are looking for
effortless syncing of on-premise legacy, third-party, and cloud-based applications into a single unified
platform that integrates with suppliers and enables greater speed and scale.
7. Contact US
Email : biz@hiddenbrains.com
Skype: hiddenbrains
Hangouts: biz@hiddenbrains.com
United States+1 323-908-3492
India +91-989-802-1433
Url : https://www.hiddenbrains.com