Industry 4.0 may seem like a buzzword, and in a sense, it’s the mother of all buzzwords. It represents the new industrial revolution where the internet of things (IoT) and the resulting big data flow converge with artificial intelligence (AI) and machine learning in order to make predictions and avoid errors. Add opportunities derived from augmented reality (AR) and additive manufacturing (AM), and the potential is remarkable, with lower costs, higher efficiency and fewer human errors in the process.
Naturally, the entire process doesn’t need to be fully automated using robotics to produce vast amounts of data that could be analysed and turned into business opportunities. Smart connected tools are a first step of moving into a data-driven assembly process.
The digital potential is huge.
A lot of companies already collect data but there are still doubts about what to do with this data. By using proper analytical software tools, a plant manager can know within seconds if an operation is below the desired standards. From the data, we can engage in proper training activities as well as providing the end-customer with detailed statistics over tightening quality in the assembly process.