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#News(General) [ via IoTForIndiaGroup ]
As industry changes amid the drive towards digitalisation, organisations are looking to achieve real business results from their engagement with new technologies. Marketing hype detailing theoretical benefits of an IoT-enabled future is no longer enough, companies want to see returns on investments in new technologies. Industry 4.0 is doing exactly this because it is backed up by specific projects, products and services.
Festo, for example, not only implements IoT functions and services into its product portfolio but also adds training and consulting for students as well as professionals, using the latest technology in its Technology Factory at Scharnhausen, Germany. Festo is a member of the Industry 4.0 platform advising the German government; it develops basic and further training concepts and measures for new career paths, and carries out visionary research in the Bionic Learning Network with autonomous and selfcontrolling systems such as BionicANTs or the prototypes of interactive, collaborative, pneumatic 7-axis robots like the BionicCobot.
Big data analytics figure out bottlenecks to reduce cycle time by 15%
The example described below refers to a significant 15% improvement in performance and quantity output of a new assembly line enabled by big data analytics. It highlights, how Festo’s new automation platforms with IP20 and IP65, IoT gateways and a direct link to a cloud can be basic ingredients to this success.
In this example, a large assembly line is designed to operate mass production as well as lot size 1. Current customers demand lot size 200-2,000. The volume each year adds up to 1.2 million at a cycle time of 13 sec.
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