Many manufacturers turn to an IoT approach as a cost-effective approach to modernising their infrastructure and increasing the speed of production. Sure, large fully automated plants have been in existence for a significant period of time, but it is only now that parts of this technology have started being used commonly amongst small to
Aside from the design and manufacturing benefits, these technologies are also allowing plant managers and overseers to assess the operations of their facilities in real time, as a result, any problems that may occur are able to be picked up and resolved quicker with less
Automated machinery and tools can operate for long periods of time and can adjust their speeds in response to delays in other points of the production line.
Full-scale automation can be very costly, as workspaces, or even buildings may need to be redesigned. The introduction of individual automatic machinery is much more reasonable of most companies.
Another solution that many are turning to are the upcoming robots-as-a-service providers, which work like common software-as-a-service agreements; it is essentially a model which encompasses the fields of artificial intelligence, cloud computing and shared services in one combined package and works similar to the renting of equipment from a third-party provider.
A recent study has revealed that the two fastest growing industries for RAAS are healthcare and manufacturing.