Samsung shares its “smart factory” insights to boost local mask production
Mar 27, 2020
Samsung is sharing its “smart factory” insights with local mask producers in South Korea. Last month, smart factory experts of Samsung helped a local mask producer to optimize mask assembly lines and prevent bottleneck, and successfully helped the company increase the production from 40,000 to 100,000 per day. On March 23, Samsung also sent experts to three manufacturers recommended by the Ministry of SMEs and Startups and the Korea Federation of SMEs.
The UK government announced that it will invest £9m ($11.7m) to install a private 5G network at the National Composites Centre in Bristol. The project by 11-member consortium will explore new business models for private 5G networks in industrial settings and test new 5G technologies. The project is part of the Industrial 5G Testbeds and Trials program by the Department of Culture, Media and Sport, and will run until March 2022, by which time commercial 5G deployments are expected across a variety of manufacturing sites in the UK.
Microsoft and Cisco announced that the integration of Microsoft’s Azure cloud with Cisco’s IoT platform. Cisco’s IoT network devices will be pre-integrated with software that connects directly to the Azure IoT Hub, allowing for seamless connectivity and streamlined edge data flow into Azure IoT. Gartner predicts that 75% of enterprise-generated data will be generated at the Edge by 2025.
Research and Markets predicts that the global Automated Guided Vehicle (AGV) market will reach $5.4 billion by 2025, or grow at a 13.6% CAGR between 2019 and 2025. Changes in industrial structures towards automated systems and increasing demand for safety and productivity at work are major driver for the growth, according to the report, “Global Automated Guided Vehicle Market, by Component, by Type, by Navigation Technology, by Application, by End User, by Region, Industry Analysis and Forecast, 2019 – 2025.”
Allied Market Research estimates that the global smart robot market size will jump from $4.05 billion in 2017 to $17.56 billion in 2025. Advances in industrial automation and robot capacity, and strong government funding for factory automation solutions are key factors contributing to the growth. North America is expected to maintain its status of the top region in terms of the market revenue, but the growth rate will be fastest in Asia Pacific region (21.1 CAGR), according to the report.