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Industry Insight Manufacturing

  1. MANUFACTURING HYUNDAI’S “IRON MAN” SUIT USED TO GAIN EXTRA STRENGTH In manufacturing, intelligent technology is being used to perform several tasks such as carrying and placing down heavy equipment more accurately. One design which is helping with this is Hyundai’s prototype of a “wearable suit”, almost like Iron Man’s suit. This allows the user to gain extra strength to lift heavier objects above your normal lifting ability, with the hope that it could be used by factory workers to lift heavy objects, and helping disabled or elderly people who cannot walk find the ability to do so again. PREDICTING THE LIKELIHOOD OF A MACHINE BREAKING Artificial Intelligence can be used to anticipate machine and equipment breakdown in order for potential issues to be addressed before they arise. AI can also reduce the number of product defects by screening products for quality and identifying the causes of yield losses, using visual inspection. This results in more efficient production for the company and in greater quality products for customers. THE USE OF THE INTERNET OF THINGS (IOT) Intelligent technology can also help companies that either focus solely on manufacturing or have a manufacturing process include the use of Internet of things (IoT) devices to: • Improve their inventory management • Reduce costs and product waste • Match demand and supply needs • Improve company’s core operations, their Employee and customer experience. Accenture defines this digital reinvention of industry as Industry X.0
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