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Smart manufacturing offers a number of benefits, including improved efficiency, increased productivity and

In a smart factory, productivity is continuously enhanced. If a machine is slowing down production, for example, the data will highlight it, and the artificial intelligence systems will work

Modern machines are often equipped with remote sensors and diagnostics to alert operators to problems as they happen. Predictive AI technology can highlight problems before they occur and take steps to mitigate

However, since savings over the long term will outweigh the startup costs, organizations have to plan for the future even if they can't

Another disadvantage is that the technology is very complex, which means that systems that are poorly designed or not adequate for a particular operation could

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