Everything That You Need To Know About Smart Factories

The smart factory is a new concept that utilizes digitization for various stages of manufacturing. It refers to a digitized department that collects and shares data relentlessly through a network of devices, machines, and other systems of production. 

This data is then utilized for optimizing devices across the company, institution, or factory to make the process of manufacturing smarter and more efficient. It also reduces the likelihood of human errors in the manufacturing process thereby saving time, capital, and resources. 

The data generated by a smart factory can also be used for self-optimizing and automated devices. It is a mechanism to keep up with increasingly new demands every day.  

Technological Components Of A Smart Factory System

A smart factory has several technologies that make up the whole system some of them are enumerated below:

  1. Artificial Intelligence
  2. Big Data Analytics
  3. Cloud Computing
  4. Industrial Iot (Internet Of Things)

Why Smart Factories?

Smart factories can bridge the gap and facilitate communication between the physical and the digital world. By doing so, it can keep track of the whole process of production ranging from manufacturing tools and supply chains to individual shop owners and managers. 

If these factories are fully optimized then they use a state-of-the-art, integrated and collaborative manufacturing system to make diverse operations even more efficient, flexible, versatile, and optimized. 

Advantages of Smart Factory

Smart factories ensure that every step of the manufacturing process is efficient and optimized to generate maximum results. This process of optimization is put into practice through an extension of the capacities of devices, manufacturing machines as well as human beings who are operating them. By focusing on a high-speed, synergistic production process through data collection and generation, smart factories can also aid the decision-making process by making it more research-based. 

Through its continuous monitoring, improvement, and optimization, smart factories can slash costs, drastically reduce downtime and generate minimal waste. It identifies and rectifies underutilized production processes and creates new opportunities for growth without investing in more capital and resources. 

Levels of Smart Factory

There Are 4 Levels Of Smart Factory:

  1. Available Data: Refers to the current situation of many factories where data is available but not accessible
  2. Accessible Data: Data is collected and stored in a form that makes sense and makes it amenable to analysis.
  3. Active Data: Data can perform analysis using machine learning and AI methods
  4. Action-oriented Data: Machine learning can generate solutions to problems and help in decision-making.