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Industry 4.0, the cloud, and Internet of Things (IoT) are assisting with these challenges, but to what extent? How can modernising your operation with a connected manufacturing strategy help you grow? More than 70% of companies are struggling to adopt technology effectively, with their efforts to respond to the 4IR stuck in what we call “pilot purgatory”, the attempt to implement new technological solutions without realising the expected returns on investment or improvements in efficiency.
“To succeed in the rapidly changing landscape of the 4IR, factories must operate in a new way.”
To address this, the World Economic Forum’s Global Lighthouse Network, in collaboration with McKinsey & Company, has identified and brought together 44 of the most advanced factories in the world that are showing leadership in applying advanced manufacturing technologies, including AI, the internet of things and big data analytics, to drive financial and operational impact at scale and transform value chains end-to-end.
To succeed in the rapidly changing landscape of the 4IR, factories must operate in a new way. That requires a strong focus on identifying problems and then creating solutions that go beyond adding incremental tools to existing processes. Factories that create new operating systems that incorporate combinations of technology in an agile approach to continuous iteration can create new ways to not only improve efficiency but also scale new solutions across the entire company. Answering this need of Intelligent Machines, Emerson has recently released a dual operating system Programmable Logic Controller (PLC) to enable Factories to become agile in the operational systems capabilities. It means any Linux based technology such as big data analytics, face recognition or some sort of Artificial Intelligence can be incorporated into production system, inside the actual logic controller.
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Emerson CPL410
Ensure technology solutions can scale and evolve
