Six smart factory developments likely in 2020 - FreightWaves

Schneider Electric recently debuted factory upgrades that it claims make its Lexington, KY, factory the first smart factory in the United States. The factory uses technology like augmented reality to give workers live operational data about machines on the floor. And the change resulted in significant improvements in efficiency: a 90% reduction of paperwork and a 20% reduction in the mean repair time. Smart factory owners looking to make the next leap forward in the digital industrial revolution are turning to advanced technology like artificial intelligence and big data. Here are six smart factory developments we're likely to see within the next year.