In essence, a smart factory is a highly digitized production facility that relies on fully integrated, collaborative manufacturing systems that can respond in real-time to changing and dynamic conditions. Additionally, the actual manufacturing processes are enhanced, and the product significantly improved through the adoption of emerging technologies and manufacturing science.
A smart factory works by integrating production systems, machines, workers, and real-time data into a single, digitally connected ecosystem. A smart factory not only accesses and analyzes data, but it can also learn from experience.