The two terms, “smart factory” and “smart manufacturing” are often used interchangeably. However, while “smart manufacturing” is the broader concept of using advanced technologies to improve manufacturing processes, a “smart factory” is the implementation of those technologies in a specific manufacturing facility. A smart factory (SF) is a highly digitized and connected production facility that makes use of advanced technologies such as artificial intelligence (AI), advanced robotics, 3D printing, and the Internet of Things (IoT) to optimize production processes, improve product quality, and reduce costs. Smart factories are the real-world manifestation of the broader concept of manufacturing. The paper delves into the benefits, challenges, solutions to the challenges, and the prospects to the future of smart factory to humanity.
Smart factory, artificial intelligence (AI), robotics, Internet of Things (IoT), 3D printing, advanced technologies, cyber physical systems, Industrial Internet of Things (IIoT), cloud computing, sensors, Industry 4.0, digital twin (DT)
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