Paving the Way for Smart Factories
June 21, 2021 | IntelEstimated reading time: 1 minute
Intel, EXOR International, TIM, and JMA Wireless teamed together to build an end-to-end smart factory in Verona, Italy, as an example of the benefits of Industry 4.0 digitalization to manufacturers of all sizes. Based on a breadth of Intel products, including Intel Atom® processors, Intel® Xeon® Scalable processors, Intel® FPGAs, Intel® Edge Controls for Industrial software and Intel® Edge Insights for Industrial software, the factory shows what is possible with the latest networking, cloud and edge computing technologies in an agile and modular application environment.
“We built this smart factory from the ground up to take advantage of the latest 5G and AI technologies from TIM and Intel. Our smart factory in Verona will demonstrate that digitalization can happen at any scale. This is increasingly important for small and mid-size manufacturers who are looking to stay innovative and competitive in the market. We can’t wait to share what is now possible for manufacturers of all sizes with Industry 4.0 solutions,” says Claudio Ambra, chief technical officer of EXOR International.
The global smart manufacturing market is expected to reach roughly $506 billion by 2027 – a compound annual growth rate of 12.2%. Manufacturers are evaluating ways to take advantage of industrial Internet of Things (IIoT) technologies such as artificial intelligence (AI) and 5G to reduce maintenance and energy costs and improve workforce productivity. Yet, questions remain. EXOR’s smart factory aims to demonstrate the operational benefits of digitalization, including:
- Autonomous human resources scheduling, reacting to changes in orders and employee availability in real-time.
- A clear indicator of whether everything planned for the week, including supplies, components and documentation, is in order and ready for production.
- Real-time updates on order status and work-in-progress advancements, regardless of order size.
“We’re seeing Industry 4.0 adoption accelerating and hearing from customers that they are interested in understanding how 5G and AI can speed up their digital transformation,” said Christine Boles, vice president in the Internet of Things Group and general manager, Industrial Solutions Division at Intel. “EXOR’s new smart factory is a great example of how deploying solutions based upon standards with open architectures can help lower maintenance costs, increase productivity and take advantage of new business opportunities.”
Suggested Items
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
ZESTRON Academy Launches 2024 Advanced Packaging & Power Electronics Webinar Series
05/01/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, proudly announces the launch of its highly anticipated webinar series on Advanced Packaging & Power Electronics, a webinar series on the latest innovations, cleaning, and corrosion challenges.
NextFlex Convenes the Hybrid Electronics Community at Binghamton University
05/01/2024 | NextFlexBinghamton University hosted the NextFlex hybrid electronics community on April 18 for a day of expert presentations, breakout sessions on technology and manufacturing topics, and networking.
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.