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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…
The Industrial Internet of Things (IIoT) targets the use of IoT for industrial and manufacturing applications. It is expected to be able it help businesses improve their supply chain and logistics management. McKinsey estimates that IIoT will have a $6.2…
Cloud computing, the Internet of Things, Machine Learning, advanced Robotics, and Cyber-Physical systems are technologies becoming widely deployed in manufacturing. The trend towards this kind of advanced manufacturing is being called labels like “Smart Factories” or “Industry 4.0“. A survey…