Digital transformation buzzwords are abundant – IoT, Artificial Intelligence (AI), Big Data, Industry 4.0, and Digital Twins – but how are the industrial and manufacturing adopters applying new digital technologies to drive innovation, efficiency, and profitability? We have been collecting data for years. This is not new. What is new is the ability to leverage these new technologies to process, manage and analyze the data beyond the limitations of the human mind.
Industry 4.0 or Digitalization refers to the next evolution of manufacturing, transitioning from islands of automation and electronics to interconnected, self-monitoring, self-learning facilities. While we are still in the early stages of this next evolution the technologies available today are already providing benefits to manufacturing facilities. Improvements to predictive maintenance, product quality and efficiency, factory floor to boardroom integration, and materials planning are being realized by companies embracing Industry 4.0.
Learn MoreA digital twin utilizes connected smart technologies to create a digital replica of physical assets and processes. Until recently, implementation of a Digital Twin in a cost-effective manner was in many cases not feasible. IoT, Big Data, and companies such as Google – who open source their AI platforms – have opened the door to practical application and implementation of digital twin technology.
The online operational digital twin is based on cumulative, real-time, real-world data measurements across an array of dimensions. These measurements create an evolving profile of your assets and processes in the digital world for historical, current, and future behavior of the physical plant assets and processes occurring within that plant. The digital twin can provide important insights upstream and downstream to identify opportunities to fine tune system performance. New knowledge leads to actions in the physical world such as a change in manufacturing process or the ability to execute maintenance long before a failure occurs, eliminating unplanned downtime and damage propagation.
With Hargrove, you get the right experience from the right people in system integration working alongside you to meet and exceed your expectations. Working together as one team – that’s Hargrove.