What is smart factory technology?
Smart factory technology refers to the integration of advanced technologies like IoT, AI, and automation in manufacturing.
How does it improve efficiency in production?
It enhances efficiency by enabling real-time data analysis, predictive maintenance, and automated processes, reducing downtime.
What are some examples of smart factory technologies?
Examples include robotics, machine learning algorithms, and connected devices that monitor and optimize production.
What challenges do companies face when implementing this technology?
Challenges include high initial costs, the need for skilled workforce, and integration with existing systems.
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