Buying new equipment or expanding factory footprints are two ways of making manufacturers more productive. There is also a complimentary way of achieving that same goal: data driven manufacturing, using Industrial Internet of Things (IIoT) technology, that is drawing information directly from the machines, people and ERP systems to accurately optimize operations. The impact of data driven manufacturing is much more than merely knowing whether or not machines are in cycle. Data driven manufacturing involves the capture and collection of real-time machine data and the transformation of that data into useful, readable business and operational information that enables employees to do their jobs better, and increase key production metrics including availability, quality, performance, and throughput.
- Understand the (5) steps to success with data driven manufacturing – Connect / Visualize / Analyze / Optimize / Monetize
- Learn what is required to make a data driven manufacturing implementation successful
- Comprehend the value proposition data driven manufacturing offers
- Identify continuous improvement opportunities to create the factory of the future