A smart factory relies on a "tightly integrated network" of physical and digital tools to capture and process data as it flows: Using Real Time Data in Smart Manufacturing
Using real-time data in smart manufacturing involves integrating live information from machines, sensors, and workers to create a "responsive, self-monitoring ecosystem". By shifting from historical to real-time analytics, manufacturers can move from reactive troubleshooting to proactive management, achieving significant gains such as a and up to a 26% reduction in manufacturing costs . 1. Key Technologies for Real-Time Integration Using Real Time Data in Smart Manufacturing