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Smart Industries: A new era of digital transformation, Part 1

The future of industry is represented by the massive utilization of IoT technology in realizing a more effective and reliable chain of production while maximizing the yield of industrial processes:

“Digital manufacturing, sometimes referred to as Industry 4.0, uses intelligent IoT for dynamic response to product demands. Interconnectivity of machinery sensors and control systems allows real-time optimization of manufacturing and production processes, and supply chain networks. These cyber-physical systems also extend to asset management for predictive maintenance, statistical evaluation and measurements to increase asset reliability.” (Source: ibm.com)

Many large companies are moving toward this kind of approach by means of the utilization of Artificial Intelligence (AI) (see Figure 1):

“AI enables organizations to synthesize vast amounts of structured and unstructured data, query results in natural language and apply machine-learning capabilities to data analysis. Together, these capabilities can significantly enhance insights, efficiency and speed. Industrial products companies are at a critical inflection point in their adoption of AI. Surveyed executives recognize that the technology is market-ready, and well over half say the industry and organizations are ready to adopt it” (Source: ibm.com)

Figure 1

 'Intelligent automation is changing the way humans interact with and benefit from technology along with the way businesses operate.' (Source: ibm.com)

 

“Intelligent automation is changing the way humans interact with and benefit from technology along with the way businesses operate.” (Source: ibm.com)

 

The road to achieving digital transformation is being opened by the larger players in the field of microelectronics like STMicroelectronics Company, which recently has announced a partnership with Air Liquide to begin the digital transformation of large scale industries (see Figure 2):

“Paris and Geneva / 06 May 2019

Air Liquide and STMicroelectronics intend to engage in a collaborative initiative to accelerate the development of digital solutions for industrial applications. Through this initiative, ST anticipates supporting Air Liquide in its digital transformation, providing guidance and solutions while Air Liquide anticipates working with ST in developing technologies and solutions for industrial applications. This cooperation will extend the long-standing business relationship established over the past decades between both companies.” (Source: st.com)

Figure 2

The STMicroelectronics and Air Liquide Companies '… have already identified a selection of projects and ideas in domains such as asset tracking and management, predictive maintenance and the cybersecurity of industrial assets.' (Source: gasworld)(Image source: Air Liquide)

 

The STMicroelectronics and Air Liquide Companies “… have already identified a selection of projects and ideas in domains such as asset tracking and management, predictive maintenance and the cybersecurity of industrial assets.” (Source: gasworld)(Image source: Air Liquide)

 

Do you believe in the smart industries approach? Will it be the future solution for an automated production setup that will be more effective and more reliable?

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