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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. [22]
However, Industry 4.0 principles have been investigated by several aerospace companies, and technologies have been developed to improve productivity where the upfront cost of automation cannot be justified. One example of this is the aerospace parts manufacturer Meggitt PLC's M4 project. [71]
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.
This is a list of communication protocols used for the automation of processes (industrial or otherwise), such as for building automation, power-system automation, automatic meter reading, and vehicular automation.
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 ...
Honeywell offers a number of products and services across its four business groups: Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Performance Materials and Technologies (PMT).
Bacteria identification and food quality monitoring using biosensors; intelligent, active, and smart food packaging systems; nanoencapsulation of bioactive food compounds are few examples of emerging applications of nanotechnology for the food industry. [2] Nanotechnology can be applied in the production, processing, safety and packaging of food.