The growth of the market is driven by increasing demand for connected supply chains and knowledge-based manufacturing that are equipped with advanced modeling, sensing, control, and simulation capabilities.
Smart manufacturing refers to a fully integrated and collaborative manufacturing system that provides a response in real-time to cater to the changing conditions and demands in a supply network, factory, and in customer needs. In other words, it refers to the ability to solve recent and future problems through an open infrastructure that permits solutions to drive the business and create advantaged output.
