Keyword: Production development

A digital twin is a virtual or digital copy of a physical system or object. It can be real-time or updated in accordance with changes in the physical object. In summary, digital twin is therefore a production simulation...

In perfect production, the machinery would run non-stop at full speed and there would be no quality losses. In real life, however, variations and deviations are part of the daily life of every production plant.

For example, the company wants to know which equipment are worth investing in and how production should be organized to achieve the best possible efficiency.

In industrial and production environments, it is very typical that processes, roles and responsibilities are very accurately defined.

In the manufacturing industry, a digital twin is an instrument that enables us to prepare for situations and address problems.

The Industrial Internet of Things allows us to collect a huge amount of data that enables better decision-making for the business.

If the information required for management is dispersed between different locations and strongly personalized, it prevents efficient knowledge-based production management.

Static, throwaway reports fail to serve achievement of common objectives, active development of operation and knowledge-based management.

Utilization of ecosystems, earlier called clusters, is a common denominator for globally successful businesses. “Networking and knowledge-sharing companies; that is, functioning ecosystems and innovation, are vital for...

As the industrial internet becomes more commonplace and a necessity solution, it is time for industrial decision-makers to spend a moment with strategic consideration.