Industries are under constant pressure – to improve product quality, boost factory efficiency, stay competitive, enhance safety, security and sustainability, and remain profitable.
Industry 4.0 is a shift, from continuing to drive operational efficiencies through traditional cost-cutting measures which provides only marginal gains. Industry 4.0 is about the significant transformation taking place in the way goods are produced and delivered – moving toward industrial automation and the flexible factory. To stay competitive, the value chain has to integrate and must leverage the analytics with internet of things and digitisation to become much more agile and efficient.
Industry and particular the manufacturing and logistics are evolving in a rapid pace. With demands more rapidly growing than capacity can be added, maximizing results is key, optimisation of process, increasing throughput, remaining environmentally friendly and staying safe is the task at hand. Did you know video analysis can help you with this? Often using sensors and camera systems already deployed?
Treating a camera as a sensor in which video feeds are analysed in near real-time instead of “just” being stored is something that is easy and, in many cases, can be done without changing the current infrastructure.
The transition to Industry 4.0 will depend on a successful adoption of many new technologies. To accelerate smart manufacturing, digital twins of machines and operations will be a necessity, as will factory automation and real-time control of equipment and tasks
The digital transformation of industry brings with it a huge increase in the amount of data generated. Production machines, machine tools, processes, and plants all produce data containing valuable information for companies. If used intelligently, this data can help you optimise your processes and products, make better use of equipment, and improve maintenance scheduling.
New business models like innovative service concepts are also being created based on the insights of analytics. Industry 4.0 is step closer to Industry 5.0 and it is about interoperability by taking advantage of all current data, locally and in the cloud, depending on your needs. As we say Digital transformation is about legacy systems, disruptive technologies, and the future proofing to be ready for robotics and smart industry will require new learnings and knowing what to solve from endless volumes of data into limitless opportunities