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In the past ten years, we have fully understood that data has become a key resource for enterprises, and the metal industry is no exception
.
Although a lot of investment has been made in the process control and optimization of this industry, it has been behind the banking and media industries in the application of new digital technology for many years
Nonetheless, analytics, mobile solutions, and automation innovations that can bring huge benefits are evolving rapidly
.
For us, the speed, simplicity and convenience of metal analyzers enable staff to take thousands of readings in a working day.
Digital innovation
McKinsey’s report on “Discovering Digital Opportunities in the Metal Industry” identified four key areas where data will play an important role in metal companies:
• Advanced analytics and artificial intelligence
Especially for various production and maintenance data sets, it drives more than 50% of the total revenue of digital applications
.
Practitioners in the metal industry can use our instruments to obtain measurement data from instrument clusters around the factory floor or multiple sites at any time; relevant results and reports can be obtained in the cloud in real time
• Robotics and automation are major improvement drivers
By eliminating human intervention in non-decision-making functions, robotics and automation have contributed an additional 20-30% of total improvement opportunities
.
We already know that cooperative robots, all-weather factory floors and cloud robots in the factory floor work with humans to further improve process control and stability
You can learn more in our " The Rise of Robots: Three Major Trends We See in Metal Manufacturing " blog
.
• Process digitization and software automation to improve efficiency
All this is to improve the efficiency of manufacturing, maintenance and back-office processes, so that employees equipped with mobile devices can obtain instructions and data at any time
.
The EBITDTA growth rate is expected to be as high as 20-30%
• Develop true potential
For us, the equipment itself is designed to increase the efficiency of industrial processes, thereby increasing productivity by connecting and exchanging data, remote reporting, and instrument diagnostics
.
Information is king
It is believed that more data has been generated in the past ten years than in the entire history of mankind
.
A study conducted by IBM in 2017 emphasized that nearly 90% of the world 's data was generated in the past two years
One reason information can seriously affect the metal industry is that data can make manufacturing quality assurance and control processes simpler and faster
.
However, despite the huge amount of available data, the problem is how manufacturers can turn it into something valuable
Although most of the data collected has been incorporated into a structure often referred to as a "data lake," the analyzed data can help manufacturers in many ways, including:
1.
Improve product quality by identifying defects in the earliest stages of the process
.
2.
Realize timely preventive work, reduce downtime, and reduce the risk of sudden failures that cause serious damage to the business through machine failure prediction and diagnosis
.
3.
Reduce costs by using big data for predictive analysis, thereby shortening the quality assurance process
.
No matter what industry you are in, all companies need to rely on data to achieve prosperity and development
.
Therefore, we provide specially designed software to ensure that users can easily and quickly send, store, and retrieve analysis results in cloud-based services
We all need to rely on data to thrive
Hitachi's ExTOPE Connect is a cloud-based data storage application that can automatically record and store analysis results
.
From providing our customers with analytical data sheets to complying with ISO and other critical process certification requirements, these measurements are essential for internal quality control, such as finding trends in production lines and even entire manufacturing plants
.
to know more information
To learn more about our thoughts on metal analysis and big data, please download our Metal Analysis Guide , or contact us for a quote for an analyzer
.
