When it comes to advanced technology such as internet connectivity, predictive maintenance, or big-data analytics, one often heard comment is, “This technology isn’t really new. Companies have been doing this for years.”
Much of that is true. But the companies that have been deploying smart manufacturing tools years have been the biggest manufacturers: GE, Boing, the Automakers. Smaller companies haven’t been able to afford it.
A digitized plant can be controlled for efficiency at the...
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