Industrial Digitization

Industrial Digitization is essentially getting the data and process networks converge across internal departments of the organization and geographical boundaries. The digitization may affect various aspects like new consumption patterns and information processes.On one side, digitization comes with a question of how the principles of Industry 4.0 or can say how the utilization of technology can help us to extend the efficiency, quality of production/ manufacturing.  Also how it’ll help to extend the security of processes and structures.The digital factory or smart factory plays a lead role during this . The global digitized networks are created round the smart factory through the utilization of consistent assistance systems, comprehensive adaptive systems and data technologies. This allows very flexible and efficient manufacturing up to economic manufacture of individual product. This mainly helps engineering, manufacturing, supply chain management and custom management.On the opposite side, the goal of Industrial digitization is developing smart products and services to take advantage of the potential IOT for revenue and new applications or developments.Thus, smart products will perform autonomous tasks by exploiting integrated connectivity, sensors and computing capacities, coordinating centrally and decentralize via cloud platforms and adapt to changing environmental conditions and tasks.
Also, smart products from the basis for the development of services which is known as predictive maintenance.Industrial digitization thus means the introduction of latest innovation, work organizational principles in supply chain of the manufacturing industry and their integration with lean principles.