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The Ministry of Economy, Trade and Industry in South Korea announced on 10 March 2016 that it had aided the construction of smart factories in 1,240 small and medium enterprises, which it said resulted in an average 27.6% decrease in defective products, 7.1% faster production of prototypes, and 29.2% lower cost.
The value created in Industry 4.0, can be relied upon electronic identification, in which the smart manufacturing require set technologies to be incorporated in the manufacturing process to thus be classified as in the development path of Industry 4.0 and no longer digitisation.
For example, a Deloitte report states that by implementing an IIOT solution integrating data from multiple internal and external sources (such as work management system, control center, pipeline attributes, risk scores, inline inspection findings, planned assessments, and leak history), thousands of miles of pipes can be monitored in real-time.
Factory automation infrastructure describes the process of incorporating automation into the manufacturing environment and processing input goods into final products. [ 1 ] [ 2 ] Factory automation intends to decrease risks associated with laborious and dangerous work faced by human workers.
The term 'learning factory' was first coined in the US in 1994, when the National Science Foundation (NSF) awarded a consortium of the Penn State University. Industry-related design projects have been supported on a 2000 m 2 facility with machines, tools, and materials. Real problems of the industry could be solved in a realistic environment.
The idea of "digital manufacturing" became prominent in the early 1970s, with the release of Dr. Joseph Harrington's book, Computer Integrated Manufacturing. [5] However, it was not until 1984 when computer-integrated manufacturing began to be developed and promoted by machine tool manufacturers and the Computer and Automated Systems Association and Society of Manufacturing Engineers (CASA/SME).
Industrial artificial intelligence, or industrial AI, usually refers to the application of artificial intelligence to industry and business. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial ...
The Ford Motor Company's factory at Willow Run utilised Production Engineering principles to achieve record mass production of the B-24 Liberator military aircraft during World War II. Manufacturing engineering or production engineering is a branch of professional engineering that shares many common concepts and ideas with other fields of ...
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