Digital technologies are reshaping the manufacturing landscape as we know it. New skills are needed in a world of smart products, and success highly depends on the company’s ability to adapt to the current times. Besides, data analytics for manufacturing is a key aspect of the digital revolution.
4i Platform can help reduce cost and times of production. Furthermore, they aid in converting data into information to make better choices at the plant floor. The 4i Platform also provides added safety, scalability, and usability.
This is how data analytics for manufacturing helps your business: easily convert data into valuable information with these five easy steps:
Understanding Global Spending on IIOT Platforms
Global spending on llot Platforms for manufacturing is predicted to grow by a whopping %124 from 2018 to 2024.
IIot Platforms are replacing MES and related applications, such as:
Manufacturers are most relying on industrial loT platforms for general process optimization, visualization internal broadcasting and dashboards, maintenance through asset tracking and energy management.