Cisco Live 2017: Manufacturers Start to See Value of Connecting Factories
Internet of Everything, Manufacturing, Core Networks, Security
Source: Phil Goldstein
Every minute of unplanned downtime in the manufacturing world can cost about $20,000, according to Gartner and other industry studies. Earlier this spring, Mark Franks, director of global automation at General Motors, said the carmaker has connected about a quarter of its 30,000 factory robots to the internet using Cisco Systems’ data platform and “has avoided 100 potential failures of vehicle-assembling robots by analyzing data they sent to external servers in the cloud,” according to a Bloomberg report.