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New technologies, like robotics, analytics, big data, IIoT, and artificial intelligence are driving big change in the manufacturing industry, something many are calling Industry 4.0. New technologies are transforming industrial procedures and workflows, material utilization, and asset performance. A study…
In an effort to accelerate and modernize their operations, manufacturers are beginning to spend on technology, especially for data management, data analytics, and digital services. ABI Research estimates that manufacturers and industrial firms will be spending $19.8 billion annually on…
The Industrial Internet of Things (IIoT) is the application of IoT to industrial, manufacturing and energy management applications. IoT enables sensors, instruments and devices to be connected and exchange data. The global IIoT market is growing at a rate of…
Are manufacturers ready to take on new ‘smart manufacturing’ technologies like Cloud Computing, Cognitive Computing, IoT, automation, and a new generation of robotics? Unfortunately, the answer may be ‘No’. Only 13 percent of surveyed large and medium-sized manufacturers said that…
New technologies are being applied to decades-old manufacturing processes to improve business metrics like productivity, quality, reliability, safety and yield. The combination of cognitive computing, Industrial IoT and analytics is being called ‘Cognitive Computing’. IBM, in particular, has adopted the…