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Sunday, August 12, 2018

The IOT and Smart Factories

Notes on IOT, AI and Smart Factories     - Franz

Draft Outline for an upcoming presentation to a global company ....

In the earliest days of AI our management come to us and asked:   How will these methods allow us to manufacture, market and deliver our goods in new and much more efficient ways?  The term 'Lights out' manufacturing was brought up.  Manufacturing operations that would adjust themselves, repair, ingest raw materials, work with minimal human labor and deliver goods.

In the early 1990s the technology was not yet ready to make this happen, though we had some narrow, limited successes.   But things have changed now.   How much more can we do today?   And in the coming years, how will we advance to the goals expressed then? 

The piece mentioned below starts to address this.    About leveraging IOT infrastructure, Embedded analytics, AI, Machine learning, Robotics, Human/Machine Collaborative systems, Process Models,  .... and more .... Thoughts?

The Internet of Things in Manufacturing: Integration of Smart Factories  Posted by Diana M , in IOT Central 

From smart devices and home automation systems to smart cars and smart buildings, the Internet of Things brings important innovations in our life. In the next years, IoT solutions will continue to take the center stage in the tech environment.

With huge investment in this technology, the global IoT spending is expected to reach $1.29 trillion by 2020 and $1.4 trillion by 2021 (IDC report).

For now, manufacturing industry is still the main investor in the Internet of Things. According to recent surveys, 66% of manufacturers say that the use of IoT solutions is essential for staying competitive and resolving various issues.  .... "

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