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Which sectors are internationally booming with Smart factories?

The main sectors identified across the world, that are already in the Smart factory process. The result clearly shows that Industrial manufacturing and Aerospace and defense sectors are the most important sectors with smart factories being integrated on a higher amount. Definitely, the sectors need high techs and more developed innovative concepts and technologies. Source:- Statista Continue reading Which sectors are internationally booming with Smart factories?

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Which concepts are relevant for smart factories in Germany?

The top concepts identified in smart factories in Germany. The concepts are business relevant and used in Smart factories in Germany. One of the interesting concepts used in high proportion is the data-enabled resources and optimization of the data. More than 50% of the industries use such concepts. However, in Germany, due to the GDPR act, data-enabled technologies have been under constant scrutiny. Only around … Continue reading Which concepts are relevant for smart factories in Germany?

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Which top technologies in the smart factory are employed in Germany?

The smart factory concept in Germany is high in demand. The technology secured its position in 6 main technologies that been estimated by the German industries give a return in a good amount of time period. The return in investment as shown, is expected to be a maximum of 5 years and the minimum is 1 year. That’s a quite realistic and ground expectation for … Continue reading Which top technologies in the smart factory are employed in Germany?

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How smart the machine’s applications are in Germany?

The reports by Bitkom show that 20 to less than 50 percent of smart machines are 54% already connected with the internet to operate smartly. However, only 6% has been recorded for machines that are 50% and more connected with the internet. It also depends on the financial security and the financial situation of every company. Even though the trend is not doubted in demand … Continue reading How smart the machine’s applications are in Germany?

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What is the situation of the Smart factory in Germany?

Germany, one of the developed countries with a developed economy. It is definitely on the rise for Smart factories and must be better in a position compared to the rest of the world. But do you think so? Is Germany able to satisfy the position? As per a survey by Staufen, in 2019, the following survey results was observed:- The situation clearly shows that majority … Continue reading What is the situation of the Smart factory in Germany?

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What is the current market scenario of the Internet of things?

As per a survey result by Tech Navio and Deloitte, the revenue generated by the Internet of Things in Germany from 2016 till 2020 is in billion Euros. The revenue generated in 2020 was expected to be around 50.1 billion Euros. The number is remarkably high as compared to 2018. The demand for smart factories definitely needs IoT devices a lot in Germany. As per … Continue reading What is the current market scenario of the Internet of things?

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Which countries are already Smart factories in the automotive industries?

The present market scenario shows different countries’ situations in smart factories. In some countries, smart factories are already implemented whereas some companies are planning the transformation. The graph as per the survey by Capgemini shows that in France and Germany, the smart factory is in a higher proportion compared to the companies in the planning stage of the smart factory in automotive industries. However, in … Continue reading Which countries are already Smart factories in the automotive industries?

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What is the scenario of Industry 4.0 in Germany?

In Germany, around 2.62 billion Euros have been invested till 2020 for Industry 4.0 in the different industrial sectors. (Bitkom). More than 39% are interested in investment for products in Industry 4.0 till 5%. The following survey by Bitkom, Fraunhofer IAO, shows the growth rate of certain industries in Industry 4.0 until 2025. The growth rate can be seen higher in machine engineering industries compare … Continue reading What is the scenario of Industry 4.0 in Germany?

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Do you know the industries selected for smart factory processes across the world?

Smart factory or Industry 4.0 is a unique transformation process being experienced across the world and in different industrial units. The selected industries across the world are mainly going through the transformation process. Indeed, industrial manufacturing units or Automation industries are the primary areas that need such transformation across the world. Every transformation of industries needs some strategic analysis before going through the complete process. … Continue reading Do you know the industries selected for smart factory processes across the world?

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What is the situation of the Smart Factory internationally?

The race of making every factory digitalized connected to communicate automatically is on the rise. The factory will be called a smart factory. It is on-demand. Not just in Germany but across the world. Big tech companies like Amazon were handling the inventory or the factory outlet need to be digitally advance. So, that the customer gets the best-in-class performance. The e-commerce big giants even … Continue reading What is the situation of the Smart Factory internationally?