What is Smart Manufacturing
Smart Manufacturing is a production methodology to improve a company‘s value proposition for its stakeholders through
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Gathering real time data from diverse sources (modeling and simulation, hardware connectivity, blockchain technology, market data, etc.) in ways that heretofore not possible,
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Protecting, processing, and analyzing said data faster and more predictively (via HPC, AI, etc.), and
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Deploying and acting on the resulting actionable knowledge via an enterprise platform in a timely manner.
Applications of Smart Manufacturing
Most of the Industries are moving towards the smart manufacturing.
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Benefits of SM and hybrid platforms to the discrete industry
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Rapid in-situ characterization with optimization and control Apps is a needed capability for the industry segments engaged in insertion of new or modified materials and processes.
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Demonstration of rapid optimization of AM process and material designs in a hybrid manufacturing setup
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Derive specified strength characteristics.
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Quickly optimize the build and mac.
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Smart Manufacturing in Industry
As we can see in the list below, industry is trying hard to incorporate Industry 4.0 in the routine.
"Amazon and Adidas aren’t the only success stories in smart manufacturing," says Kayla Matthews. Whirlpool, Siemens, HP, Hirotec, and Ocado are all redefining industrial processes in new and innovative ways.
“Thanks to digitalisation, the rollout time of new products can be cut by 25-50 percent and engineering costs can be reduced by up to 30 percent,” says Klaus Helmrich, management board member at Siemens. “Meanwhile, energy savings can increase by 70 percent.”
A global McKinsey survey of business leaders found that 53 percent of respondents believe efforts to operate more sustainably play a key role in worker retention.