The study examines where automobile manufacturers (OEMs) and suppliers stand today when it comes to the topic of smart factories and compares the results with studies from the years 2017/18. It shows that both the predicted investment levels and productivity increases associated with smart factories are considerable.
"Smart" factories are characterized by the fact that they use digital technologies to achieve improvements in productivity, quality, flexibility and service. Three key technologies make the intelligent factory possible: connectivity, e.g. the use of industrial IoT to collect data; intelligent automation, e.g. advanced robotics, industrial image processing, distributed control or drones; and predictive analytics based on AI These digital technologies also enable IT-OT convergence to support digital continuity from design to operation (digital twin).