Smart Manufacturing: How Industry 4.0 Will Change the Way We Manufacture

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Speaker: Karen I. Matthews, PhD, MBA, Founder and CEO, Purpose Driven Consulting

Imagine a world where intelligence is added to all elements of manufacturing. Picture a manufacturing floor where every single “thing” is able to produce, receive and analyze data (hence making every “thing“ a “smart thing“). Now, imagine that all “smart things“ are connected such that they can exchange data with each other, analyze the data, and make and execute decisions. When we move beyond the “thing“ being simply smart, to a place where we are:

1. Utilizing machine learning (ML), artificial intelligence (AI) , and other forms of data science and analytics to improve manufacturing processes
2. Building digital threads and digital twins for cradle to grave track and traceability, and
3. Establishing connected communications within a digital supply chain, then we are moving toward the true meaning of the smart factory. One can imagine the ease of tracking defects, the opportunity for new digital platforms and business models, and, most importantly, the change to the way we manufacture. This interactive discussion will start the necessary discussion to about what Industry 4.0 is, and why you should care.

Speaker: Karen I. Matthews, PhD, MBA, Founder and CEO, Purpose Driven Consulting

Imagine a world where intelligence is added to all elements of manufacturing. Picture a manufacturing floor where every single “thing” is able to produce, receive and analyze data (hence making every “thing“ a “smart thing“). Now, imagine that all “smart things“ are connected such that they can exchange data with each other, analyze the data, and make and execute decisions. When we move beyond the “thing“ being simply smart, to a place where we are...

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