Hitachi Vantara has announced the launch of Lumada Manufacturing Insights, an IIoT suite designed to enhance the manufacturing industry to achieve transformative outcomes with the help of artificial intelligence (AI), machine learning, and DataOps.
The Lumada Manufacturing Insights optimises machine, production, and quality outcomes to set the foundation of digital innovation that is necessary to Manufacturing 4.0. The solution can be integrated with existing applications to deliver actionable insights without the requirement for a rip-and-replace change of expensive manufacturing equipment or applications. The suite supports a number of deployment options and can be operated on-premises or in the cloud.
Shannon Lucas, head of customer unit emerging business for Ericsson North America, said: “Significant short-lead products have to be designed, prototyped and delivered to meet the demands of our customers and partners as we accelerate the product supply for 5G.
“Ericsson and Hitachi Vantara have collaborated to test Lumada Manufacturing Insights to gear up for an anticipated increase in new product introductions, establishing a digital innovation foundation for sustained gains,” Lucas added. “We are leveraging the same solution that we will take to our joint customers in partnership with Hitachi Vantara, and will further expand IIoT use cases based on our 5G technologies.”
Global Market Insights estimates the IoT in manufacturing market valuation to increase exponentially by 2024. It says that a growing number of challenges related to maintaining productivity and economies of scale will encourage process automation and endorse the deployment of IoT technology.
Interested in hearing industry leaders discuss subjects like this? Attend the co-located 5G Expo, IoT Tech Expo, Blockchain Expo, AI & Big Data Expo, and Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London, and Amsterdam.