A New Approach to Drive Decision Support in the industry 4.0 revolution
Tuesday, June 13, 2017, 11 a.m. EST
Samy Achour, CEO, Integration Objects
With the growth and adoption of Internet of Things manufacturing companies have no choice but to upgrade to Industry 4.0 — known as the fourth industrial revolution — if they wish to remain competitive for the next five years. Those who will continue running their plants with legacy systems may find themselves facing a high operational cost which will eventually cause them to drop out of the race. By 2020, the market expects to have over $50 billion in connected devices transmitting information to centralized global servers to consolidate operational control rooms, while at the same time being highly accessible through any laptops, desktops, tablets and phone devices. The main challenges will be how to collect the big data through many dispersed geographical locations, assets and devices, with the expected performance and necessary cyber security to convert that big data into fast prescriptive and actionable decisions.
To overcome these challenges, Integration Objects has developed a scalable platform, “KnowledgeNet,” that collects data based on OPC UA, integrating the multiple spread systems into a cohesive whole, using big data analytics and artificial intelligence techniques to convert big data into knowledge and actionable decisions with minimum human interactions.
In this webinar, Samy Achour, the president and founder of Integration Objects will take you on a deeper dive into our cutting edge technologies and know how to achieve operational excellence while migrating to the industry 4.0.