Big data is a term that describes the large volume, velocity and variety of data that inundates a manufacturing business every day. It’s not the amount of data that’s important, it’s what organisations do with the data that matters. Big data can be analysed for insights leading to better decisions and strategic business moves.
The introduction of computers and sensors into manufacturing is now often referred to as Industry 3.0. Industry 4.0 is about these computers and sensors talking to each other and integrating with business software like an ERP system and supply chain processes. Going from manual processes that awkwardly knit information together to digital processes that seamlessly capture, analyse and share data.
Industry 4.0 manufacturing tools
Industry 4.0 is about implementing technologies like Manufacturing Execution System Software (MES) that gather data to drive intelligent action in the physical world. This means having access to data that can be used to manufacture smarter.
An MES connects machines and collects large volumes of data that can inform maintenance, performance and waste issues. That data can be analysed to identify patterns and insights that would be impossible for a human to do in a reasonable timeframe. An MES offers the opportunity for manufacturers to optimise their operations quickly and efficiently by knowing what needs attention.
- Reducing Waste and Energy Costs
- Increasing Accuracy and Yield
- Improving Quality Assurance
To build a sustainable, scalable enterprise in today’s business environment, you need to use tools that help you streamline tasks, boost productivity and collaboration and leverage data in real time.
In the era of Industry 4.0 and Big Data, smart manufacturers are now working in an analytics focused environment. They recognise that accurate data is a real asset that enables them to get ahead of the competition.