Smart Technology

Smart Technology in Industry

Over the last few years our business has continued to evolve significantly. Most recently the use of 3D printing for example, has helped us to drive value for our clients in a number of ways. Across the key markets that we operate in we are always seeking to innovate through the technology we use.

Smart technology has become a much more prominent part of the conversation in recent years. As with any business, integration of new technology has to be correct for the business need and time has been spent considering the inherent risks of new technology, but as we look to the future smart is important.

The Internet of Things
Consumers will look to the world around us and see very quickly how the internet of things is starting to shape our lives. Cars that connect to mobile devices via WiFi, Smart meters in the home to monitor the use of utilities, and low costs home surveillance systems are just some are the ways we are managing our lives more effectively.

Industrially there are a wide range of examples where companies have picked up on connectivity. General Electric for example are now building wind turbines with over 20,000 data capture sensors built in which allow them to monitor ongoing performance. Stanley Black and Decker have installed smart technology in a factory in Mexico which has increased throughput by 10%.

Industrie 4.0
The advances in digital technology including the internet of things and cloud computing, alongside our understanding of data manipulation, is all contributing to what is being hailed as the fourth industrial revolution or Industrie 4.0.
In this new age of human and machine interaction, where machines are connected through cyber means, manufacturers can mass produce with higher levels of flexibility. The intelligence of systems and their ability to understand data allows them to make decisions and alleviate humans of many burdensome aspects of work. Using smart technology machines can monitor production trends and patterns to predict failures, or speak to smart technologies in logistics enabling them to monitor demand and thus alter production levels accordingly.

Risks
There are inherent challenges of course when it comes to the integration of any new technology. IT is awash with security concerns and connectivity opens machines up to outside sources, adding a significant layer of costs. Furthermore, as with any new technology adequate resource needs to be set aside for training and integration, with due consideration made for the human impact of introducing new technologies.
Impact

Manufacturers are at various stages of their integration of smart technologies and over time this will surely change. Our understanding of its capability will grow and the importance of big data will become more vital. For Tapeswitch this doesn’t just mean looking introspectively but it also means working alongside side our clients to identify opportunities to use smart technologies to their advantage, and that’s what is really exciting.

To discover more about how we are supporting our clients with smart technologies at Tapeswitch please contact us today.