Just as lean manufacturing is about more than eliminating waste, Industry 4.0 is not merely a matter of connecting machines and products via the Internet.
By now, we've all heard the hype: The Industrial Internet of Things (IIoT) will fundamentally change manufacturing and offer a cornucopia of benefits, including increased efficiency, higher quality and more responsive supply chains.
Data analytics, augmented reality, generative design, artificial intelligence, cobots, additive manufacturing and other technologies are already helping manufacturers increase efficiency, reduce downtime, lower prices, differentiate themselves in the marketplace, and improve service, delivery and quality.
STAMFORD, CT—More manufacturers are investing in digital twin technology. In fact, a recent survey conducted by Gartner Inc. claims that 75 percent of organizations implementing Industry 4.0 initiatives already use digital twins or plan to within a year.
Businesses increasingly recognize the growth opportunities offered by digitalization and interconnectedness. These technologies are enabling new business models, efficient use of resources, and cost-effective production of highly customizable products. These developments are collectively referred to as "Industry 4.0."
The World Economic Forum recently named the best factories in the world. Five facilities are in Europe and three are in China. Only one is in the United States, UPS Fast Radius in Chicago.
ASSEMBLY was born in October 1958 with the name Assembly & Fastener Engineering. Although its name was later shortened to Assembly Engineering, and subsequently to ASSEMBLY, it was then, and is today, a magazine of ideas and methods.
Nexen Group, a supplier of precision motion-control components, is embracing Industry 4.0 technology throughout its product line, providing capability for remote monitoring and control, human-machine collaboration, real-time yield optimization, smart energy consumption and predictive monitoring.
Catheters, pacemakers, ventilators and dialysis filters are vastly different products. But, they all have one thing in common: they must be checked for leaks, whether into, or out of, an assembly.
The Industrial Internet of Things (IIoT) is more than just the latest manufacturing fad. It promises to transform the way that many types of products are designed, assembled and serviced.