Manufacturing productivity and efficiency continue to rely on the latest innovation. A recent article in ABI Research.com listed 11 “useful technologies” in today’s manufacturing space and detailed how they benefit organizations in their continued efforts to stay competitive while meeting customer demand. Some of the top 11 technologies are:
Industrial Internet of Things (IIoT): IIoT devices can monitor, diagnose, and analyze most systems to ensure functionality. ABI Research.com says its analysts predict, “By 2026, condition-based monitoring will account for 54% of IoT revenue."
Supervisory Control and Acquisition Data/Human-Machine Interface Software (SCADA): SCADA systems enable operators to “see what production is doing in real time, react to alarms, control processes, and change settings locally or from remote central command center,” the article states.
Real-time location systems (RTLS): This becomes essential technology as the manufacturing sector continues to face challenges of losing billions of dollars due to loss of equipment and products. With RTLS, assets are trackable in real time.
Digital Twins: According to the article, digital twins, at its most advanced, “allows manufacturers to compare expected versus actual behavior, ‘what-if’ scenarios, and continuous improvement of models through feedback loops.”
Read the entire list of technologies from ABI Research.com.