Everyone in the industrial manufacturing community has heard stories about downtime. But for those who have lived it, statistics such as one hour of downtime cost manufacturers up to $260,000 per hour or two million dollars in 4 hours do not tell the entire story. Aside from monetary losses, the...

The increasing use of emerging technology to simplify complex tasks has proved rewarding across every industry in diverse ways. This includes increased operational efficiency, automating manual tasks, training and validation, as well as data analysis. It is a known fact that the integration of...

Edge computing devices are generally devices that provide entry points into enterprise networks. This means the average router or switch used in white-collar offices is actually an edge computing device. While popular hardware may work excellently in controlled environments, it will struggle to...

The introduction of automated systems within industrial facilities and operations spearheaded the increase in productivity and accuracy manufacturers currently benefit from. For example, the manual installation of pistons in automobiles witnessed a reduced error rate from 1.5% to approximately...

Early in the third quarter of 2019, Gartner published its first-ever report on the Industrial Internet of Things (IIoT) niche which provided a picture into the IIoT market, cloud computing, edge computing, and their industrial applications. While the Gartner Magic Quadrant for IIoT showed an...

Supply chains send out inventory requests. Machines autonomously request spare parts while manufacturing systems autonomously manage production life cycles. These are now common scenarios due to the adoption of Industrie 4.0 business models. Today, component manufacturers are integrating...

As Industrie 4.0 comes of age, the rate of adopting its business models in driving production is constantly increasing. OEMs are increasingly embedding smart industrial edge devices. With the growing amount of Industrial cloud computing solutions currently available to manufacturers, options are...

The majority of industries rely on the availability of spare parts and components to avoid production and process-related downtimes. The manufacturing, aerospace, automotive, and discrete manufacturing industries are examples, which is why component manufacturing is an integral part of every...

Making a case for the implementation of Industrie 4.0 compliant business models has never being easier in today’s data driven world. The insights that can be derived from the data that businesses produce has led to large scale innovation and increased productivity across multiple industries. As...