Mitsubishi Electric Automation Launches AI and IoT Smart Machine Trends Report

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Mitsubishi Electric Automation has released a new whitepaper detailing five key trends in the industrial uses and benefits of intelligent devices.

Global automation powerhouse Mitsubishi Electric Automation Inc. has launched a new white paper entitled “5 Smart Machine Trends You Need to Know.”

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The recently published report discusses how smart machines are being deployed across the manufacturing industry and the impact the technology is having on operational efficiencies for original equipment manufacturers (OEMs).

Mitsubishi Electric Automation’s white paper covers five key trends that are occurring across the manufacturing industry: Internet of Things (IoT) integration, the rising importance of advanced analytics, remote monitoring through cloud services, machine learning/AI, and the increased use of robotics.

The Internet of Things (IoT) refers to the network of devices embedded with sensors, software , and other technology which connect and exchange data online.

As ethernet chipsets have become more powerful and affordable, almost every industrial sensing or actuating device now has the capability to process and communicate data. Mitsubishi Electric Automation’s new report describes how this has led to a generation of devices that can be reconfigured, monitored, diagnosed, and potentially repaired using mobile and remote devices.

The report details how OEMs who successfully deploy this technology can realize margin-saving efficiencies.

Intelligent devices can provide diagnostics, predictive analysis, and failure modes in real-time. The report explains how this flow of information enables OEMs to direct resources more effectively and reduce unnecessary parts storage.

The technology can increase global competitiveness and generate new revenue streams when deployed and implemented well.

Headquartered in Cypress, CA, Mitsubishi Electric Automation Inc. is part of a global integrated business enterprise serving a wide variety of industrial markets.

The company produces and supplies a family of automation products including programmable logic controllers, variable frequency drives, operator interfaces, motion control systems, computer numerical controls, industrial robots, servo amplifiers and motors, and industrial sewing machines.

According to the company, OEMs who effectively deploy intelligent devices inherently give themselves a margin-saving advantage in several different ways…the technology provides real-time diagnostics, feedback on failure modes in real time, the foundation of intelligent machine parameters, and potential new revenue streams.

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