With Industry 4.0, the manufacturing world is embracing the very significant efficiencies and cost benefits to be gained through sensing, collecting and analysing data through many disparate sensors out in the field. The advantages are clear: adopting IoT brings about a more connected ecosystem with data being gathered every second of the day or night by small autonomous devices, in real time. Analysis of this data then brings about continuous improvements to processes within the “Smart Factory”.
Connecting production stages, streamlining management processes, refining logistics, optimising safety, benefitting from predictive maintenance and bringing down operational costs can all contribute to huge overall performance increases.
Ilika plc (LON: IKA) has world class expertise in accelerated materials innovation, including in the automotive, aeronautical and electronic components sectors. Global brands such as Rolls-Royce and Toyota have long-term collaborations with Ilika. High throughput technology enables functional materials to be made, characterised and tested up to 100 times faster than traditional techniques.
