Machines to Machine communication, predictive maintenance, and continuous improvement programs are completely reinventing manufacturing. Companies like Honda and ABB are using IoT technology to consolidate and organize their manufacturing and maintenance operations.
Through systems of real-time communication and process automation. Companies are using advanced analytics to discover unknown opportunities for improved efficiency. Consider how Kennametal reduced their production cycle time by as much as %40 by simple modifications to their processes like changing the angle of a cut in a particular machining operation.
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