Smart Factories: How can manufacturers realize the potential of digital industrial revolution

Smart factories turbo-charge manufacturing performance

In the next five years, manufacturers expect smart factories to drive performance improvements that significantly exceed previous efforts. Infineon, a German semiconductor manufacturer, is investing $105 million in the next five years in order to turn its Singapore plant into a smart factory. It took robots and 3D Printing to make Adidas bring back manufacturing to Germany. A leading fragrance maker in Switzerland ramped up capacity by a third in the past three years, all through addition of robots. A Chinese factory added robots to its operations which drove production increases of 250% and defect reductions of 80%. 

Reports, The Fastener Museum