Overall equipment effectiveness (OEE) has been a leading manufacturing performance metric for decades. As Industry 4.0 has taken off, manufacturers now have a range of new tools and techniques that can improve their OEE scores. As facilities rely more on high-tech equipment, this metric has also become increasingly crucial.
As of 2019, there were 97.7 million connected devices in use in the manufacturing industry. Experts predict that figure will surpass 150 million connections by 2025. With so many connections gathering such vast amounts of data, manufacturers have more resources than ever to use in their OEE calculations.
