The application of data in manufacturing is causing a significant transformation, with the utilisation of cutting-edge technologies such as edge computing, artificial intelligence/machine learning, and streaming analytics, along with the availability of real-time data. According to a report from Fortune Business Insights, global big data in the manufacturing industry was $3.22bn in 2018 and is projected to reach $9.11bn by 2026. The evolution of smart manufacturing is enabled by edge computing technology, streaming data analytics and AI, allowing for the collection and translation of data from sources such as cameras, sensors, machines and assembly lines. Despite challenges, manufacturers are continuing to innovate at the edge, using AI and ML to process massive data sets.
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