Crucial success factor for IoT and Industry 4.0
If an operator wants to make production more efficient, he must tap into and make use of his existing data. Here, user companies must link such technical concepts as Big Data and Industry 4.0 or IoT to one another in an intelligent way. An analysis of the data by applying analytical methods promises profound insights into how manufacturing can be optimized, what errors can be expected, and – derived from this – when there is a risk of machine failure. Based on these results, appropriate preventive measures can be taken. Ideally, companies will save a considerable amount, enhance product quality at the same time, and increase plant performance.