The Fourth Industrial Revolution or Industry 4.0 is an umbrella term that refers to changes happening in the industrial value chain process. Those changes are powered by emerging technologies, offering a better way to organize and manage all standard processes (prototyping, development, production, logistics, supply etc.) within the manufacturing industry. In short, it encompasses all the further automation and computerization companies now deploy to improve their production cycles and “connec...

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Operational Excellence - New Event Date! 22 October 2020

This is not a new concept to the process industry, with some MES vendors offering real time optimization modules as well. However, it still comes down to the decision making process of whether of not there is a need to optimize. Using AI and Machine Learning could open completely new doors in the way you run your plant. This is due to its predictive operational controls and real time optimization technology which reduce quality and safety issues, as well as energy and raw material consumption; ...

Big data has evolved a lot in the last decade. The growth of AI and machine learning has created numerous applications and a fresh perspective on process optimization. If we focus on the manufacturing industry during this evolution, there is a massive change in the IT infrastructure. Manufacturers are now favoring edge computing over data centers for data-related operations. The convergence of IT (information technology) and OT (operational technology) has resulted in three things: Firstly...