Factory Operations Visibility & Intelligence

Factory Operations Visibility & Intelligence
Feature New Record
DESCRIPTION
FOVI is designed to collect sensor data generated on the factory floor, production-equipment logs, production plans and statistics, operator information, and to integrate all this and other related information in the cloud. In this way, it can be used to bring visibility to production facilities, analyze and predict outcomes, and support better decisions for improvements.
A smart infrastructure in a factory can push data regarding the production process to the cloud. Then, a custom factory simulation can be developed, allowing the management to view the entire process holistically, and begin to understand where efficiency can be enhanced, or costs can be cut.

FOVI will result in a better analysis of inefficiencies and causes of defects, reduced rate of product rejection, faster product repair, and related cost savings, enhanced product quality and production throughput, ability to handle higher volumes. This can easily be translated into concrete dividends for the firm.

Factory Operations Visibility & Intelligence is designed to collect sensor data generated on the factory floor, production-equipment logs, production plans and statistics, operator information, and to integrate all this and other related information in the cloud. In this way, FOVI can be used to bring visibility to production facilities, analyze and predict outcomes, and support better decisions for improvements.

Benefits: More timely product manufacturing and shipment from process optimization
-OPEX Reduction
-Customer Service Improvement

Participating Members: Fujitsu Limited, Cisco
MARKET SIZE

The industrial control and factory automation market are expected to reach USD 269.5 billion by 2024 from USD 160.0 billion in 2018, at a CAGR of 9.08%.

Source: markets and markets

NEW USE CASE ALERT
Get notified when a New Use Case is published.