AI Solutions for Industry Processes Control and Optimization
The evolutionary development of the industry from mechanization to industrialization, and later from automation to Industry 4.0 is characterized by the massive use of several sensors for the collection and exchange of information integrated with intelligent systems.
Industrial Internet of Things (IIoT) is a computer network consisting of elements of industrial equipment and scientific tools, equipped with technologies that interact with each other and with the external environment. The objective of the Internet of Things is to change the technological and commercial processes in such a way that it increases its efficiency and significantly reduces the need for human participation in the making of routine decisions related to the management of objects in said networks. In a general sense, IIoT can be equated with fully automation of digital production.
The Finnish company ZYFRA is part of the world's leading IoT development companies, specialized in solutions for the industry based on Artificial Intelligence (AI) and Industrial Internet of Things (IIoT).
ZYFRA was founded in November 2017, currently operates in Bulgaria, Finland and India. The company connected more than 7,000 machines based on CNC (computerized numerical control). ZYFRA technologies allow customers to dramatically increase the efficiency of their machinery utilization and improve the accuracy of product quality prediction. With its software, hardware and services, a customer can transform their production into digital.
As the industry is one of the pillars of the European economy, the manufacturing sector in the European Union represents 33 million jobs and 60% of productivity growth, ZYFRA considers the digitization of European manufacturing industries, especially in the sectors of metal production and automotive industries as a great potential. The future of using Artificial Intelligence for the control and optimization of processes in the oil and gas industry is really promising because these technologies will improve the productivity of personnel levels and train the staff to work smarter in a changing environment. Moreover, the smart manufacturing market will increase to more than 320 billion dollars by 2020, ZYFRA representatives predict.
At IoT Solutions World Congress 2018 in Barcelona, ZYFRA presented its MDCplus real-time machine data collection system that can be used to track jobs, operations, work centers, scrap, costs, downtime and people. He also demonstrated his industrial AI solutions that can predict the quality and properties of the product or recommend process configurations and materials use. The company is applying cutting-edge data science combined with industrial expertise to provide end-to-end solutions, optimize production speed, quality and costs for industries such as machinery, metallurgy, oil and gas, and mining. ZYFRA also presented its manufacturing data collection (MDC) plus system in India, where the company plans to bring the latest technologies in industry. Besides, India is the one of the most powerful and fast growing countries where the AI and IoT technologies research.
The introduction of the above mentioned technologies will allow companies from different sectors of the economy to increase the efficiency of the use of production assets, for example, by reducing the number of unplanned interruptions, forecasting and preventing failures in emergency equipment. In addition, AI and IIoT technologies are able to increase the energy efficiency through a more economical use of energy, guaranteeing a stable output quality, and ultimately, increase productivity.