The Industrial Internet of Things (IIoT), sometimes referred to as Industry 4.0 or the Smart Factory, is a sector that is growing fast. Some believe it is a market that could be worth more than $200 billion quite soon. To take full advantage, manufacturers must ensure that their production facilities remain competitive by embracing the IIoT – where the physical world is connected to the digital via smart sensors.
Competitive prices, expertise and unbeatable customer service make a successful electrician. Yet, in today’s day and age, being connected is your killer advantage. Digital is big business, with McKinsey predicting it to generate $11.1 trillion a year by 2025. If a contractor can adopt digital products and offerings, they have an edge on the competition and success will follow.
According to analysts, manufacturing technology innovations, productivity and business growth are being adopted to address the rise of mass customisation and converging technology advancements for the next generation of manufacturing infrastructures. This is what is called smart manufacturing.
All too often, fixed legacy infrastructure and buildings create a bewildering barrier to rethinking conventional linear production processes as part of Industry 4.0.
As manufacturers are planning the resumption of work after the shutdown period, experts predict that a major global recession might be inevitable.
To coincide with the launch of the new TwinCAT Vision software, Beckhoff explores how machine vision will improve quality assurance across every stage of production.
IML Group plc
Kent, TN9 1BQ, United Kingdon TEL: 01732 359990