Smart factories are a key component of Industry 4.0. They are very secure, efficient, and inexpensive, and they have advanced robotics, cloud computing, big data processing, smart sensors, strong cybersecurity, and other powerful features. You can navigate to this website to know more details of industry 4.0.
With this program, companies can observe and optimize their products for mass modification while making the workplace less reliant and safer on real human labour and cost savings.
In smart factories, robots do a lot of real work to make products. Many of the machines that work in smart factories use artificial intelligence and carry out high-level activities. In some situations, they can even make decisions and learn from experience.
Since smart factories are usually equipped with different sensors, the machine can notify the operator when there is a possibility of a malfunction or problem.
Knowing this information in advance allows engineers, mechanics, and operators to repair and/or replace problem machines before they cause significant problems. It is believed that smart sensors can help companies reduce downtime and save up to 40% on maintenance expenses.
Because smart factories offer businesses so many advantages, they are becoming increasingly popular. Many companies are moving to smart factories.
In fact, smart factories are expected to gross over $ 500 billion in revenue by 2022. The shift to smart factories is so strong that about 76% of manufacturers have smart factory initiatives that will continue or are working to determine them. Smart factories are also expected to increase overall productivity by a factor of 7 by 2022.