Analytics and Data Summit 2019

Manufacturing management with process digital twin is poised to be ubiquitous in future. Emerging technologies such as artifical intelligene (AI) and Mixed Reality not just result in better KPI’s but also bridge the gap between the shop floor and top-floor. Decentralized manufacturing marketplaces would be a necessity to accommodate small manufacturing enterprises and individual additive manufacturers. Digital process twins play a crucial role in integrating these technological aspects and systematizing the flow of information and physical goods. IoT devices and smart contracts together can supplant the current ERP systems and eliminate the need of clerical data entry tasks and proof reading. For instance, OEM (Original Equipment Manufacturer) may track and record on a distributed ledger the breakdown and maintenance data of a type of machine sold to different customers. An AI agent can learn from one machine’s breakdown conditions and avoid it happening in other machines.