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Why Real time OEE is key to reduce unplanned downtime
The shift from retrospective to real-time OEE reporting In today’s fast-paced manufacturing environment, efficiency is paramount. Overall Equipment Effectiveness (OEE) is a critical metric that helps manufacturers gauge productivity. Traditionally, OEE has been measured manually, but this method is fraught with pitfalls. Let’s explore why real-time OEE reporting, enabled by
AI to the rescue of SA’s floundering manufacturing sector
Originally published on ITWeb Smart utilisation of artificial intelligence (AI) could go a long way towards the resuscitation of large sections of South Africa’s moribund manufacturing sector. By using advanced AI to boost human productivity (instead of focusing on mechanisation and digitisation), the manufacturing industry can capitalise on South Africa’s
Ditching Unplanned Downtime
Read part 1 here In the True Cost of Downtime 2022 report by Siemens, the firm found that the cost of unplanned downtime is increasing. For global Fortune 500 manufacturers, they are losing 11% of their annual turnover to this problem – that’s an estimated price tag of $1.5 trillion.
The Importance of Human and AI Collaboration for Optimal Production Efficiency
Industry 4.0 and the technologies that define it are reshaping and reimagining manufacturing and its potential. They are also having, as McKinsey points out, a profound impact on people. Digital tools, says the research firm, are transforming how we ‘communicate, solve problems, and execute tasks’ and now artificial intelligence (AI)
Computer Vision AI: A Logistics and Manufacturing Game-Changer
Artificial intelligence (AI) has come of age in 2023, with multiple applications and permutations now penetrating every corner of every industry and sector. From the increasingly powerful capabilities of generative AI (GAI) to the potential of Artificial General Intelligence (AGI), this technology is transforming how industries operate, connect and collaborate.
AI-based computer vision technology – a solution to Eskom’s woes?
The South African government is currently deploying over 800 members of the SANDF to Eskom power stations – at a cost of over R145-million – to try and safeguard them against rampant crime and sabotage. Last year some 2 700 soldiers were deployed – an effort that cost taxpayers some R200
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