Every industrial revolution has improved the quality of life through fundamental changes in process engineering and product manufacturing. Over the years, discrete and process manufacturers as well as high technology and semiconductor companies have adopted lean techniques and Six Sigma to accelerate production, maximize throughput, rationalize costs, and minimize variability in finished products. With the emergence of the Industrial Internet of Things (IIoT) and Industry 4.0 framework, the production environment is undergoing a transformation. Big data generated through connected cyber-physical systems is driving simulation and machine learning, which in turn is simplifying operations.
Read this paper to understand how areas such as product design, production, sales, and maintenance are now impacted by big data and analytics.