So much to gain. Even more to lose.
Whether you call it, the Industrial Internet of Things (IIoT) Smart Factory, Industry 4.0, or e-Factory, the reality is, “digital is do or die.” According to the 2019 Annual Manufacturing Report by KPMG: Digital transformation in manufacturing is falling behind other industries. Many companies have started digital transformation initiatives, However, these companies haven’t put the technology in place to use that data effectively.
Embracing Industry 4.0 is all about converging the data from the shop floor with the data from the top floor. However, neither operational technology (OT) nor informational technology (IT) are set up to translate and interpret data in real-time. As a result, many manufacturers have huge volumes of unfiltered data instead of information that drives action.
Do more than simply collect data
Many industrial organizations are still capturing data on paper or in spreadsheets. The ability to collect, aggregate, translate and visualize data is the key to success over the next 5-10 years.
Don’t wait to long to get on the digital bandwagons. We are a Mitsubishi Electric distributor partner for Wisconsin and Illinois. Contact Us and find out from one of our engineers how to get started.