The top 15 smart factory KPIs: Operational indicators most important for measuring performance

Similarly, nearly two-thirds (65%) are in various stages of implementing their IoT strategy. Although the pandemic, looming recession, inflation, and global supply chain issues have been prevalent topics in the last year(s), manufacturers are determined to fast-track their digital transformation projects in the next three years. With nearly three-quarters of manufacturers currently implementing a smart factory strategy, we were curious to find out what manufacturing KPIs are most important to measure the success of this transformation. We prompted the decision-makers with 27 different manufacturing KPIs and asked how important each one is for their smart factory project. This is just one of many analyses of the 59-page IoT Signals Report – Manufacturing Spotlight (August 2022), published by Microsoft and Intel, with research conducted by IoT Analytics.