Energy conservation enabled by IIOT is not only reducing costs but is also helping to drive sustainability. Sample this: production shops are going paperless, Kanban / productivity charts are being replaced with smart monitors, and tabs are substituting HMIs to enter production/quality data. The modern age is not only a period of sustainable growth but also ‘smart’ models. Global OEMs & technology providers are coming together to create newer smart factories. The need to drive productivity gains, cost reduction, & customer satisfaction is dominating business like nothing else. Welcome to Industry 4.0. Capgemini Research Institute’s latest report on its smart factory series, How automotive organisations can maximise the smart factory potential, states the automotive industry is leading the way in the smart factory model. The reason: the need for high-value, high-volume and high-complexity products that demand frequent changes.
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