How To Drive Customers in the Industry 4.0 Revolution and Preparing for Industry 5.0
Transforming Manufacturing with Industry 4.0
During the last decade, technology has rapidly transformed industries. The revolution delivers innovative approaches, focusing on reducing energy, rolling out production automation and cutting carbon offset costs.
The positive effect mirrors on electric grid stability and impacts the environment.
BeChained emerges as a pioneer, leading the charge in revolutionizing industrial manufacturing, through Industry 4.0, has already made waves, proving to be a game-changer in enhancing production efficiency by an impressive 19%.
The Core of BeChained: AI Integration
BeChained’s secret weapon lies in its advanced state-of-the-art AI technology. Seamlessly integrated into existing customer facilities, this AI algorithms are a marvel in data analytics (i.e. market price and consumption forecast), energy consumption optimisation and automatic improvement execution.
By tapping into energy consumption metering, machine settings from the Manufacturing Execution System (MES), and production schedules, BeChained’s AI is not just a passive observer.
It actively identifies the optimal settings for machines, such as the blade speed in a paper pulper, and autonomously implements these improvements in production. This not only optimizes production, but also paves the way for significant energy savings and reduced carbon footprints, at product level.
A Step Towards Sustainability
By focusing on energy efficiency, the solution impacts also the carbon footprint at product level. Therefore it positively cuts the carbon offset costs.
BeChained not only contributes to the economic growth of its clients but also aligns with global sustainability goals. This dual focus is especially crucial in today’s world, where environmental concerns are as paramount as economic development.
The AI powered solution is set to embrace this, by developing AI that not only automates, but also collaborates with human operators, enhancing their capabilities rather than replacing them.
Preparing for Industry 5.0: The Next Frontier
While Industry 4.0 is centered around optimisation and automation through AI and data analytics, Industry 5.0 looks to the future, where human-machine collaboration takes center stage.
BeChained, already at the forefront of Industry 4.0, is strategically positioned to lead the transition into Industry 5.0.
Industry 5.0 emphasizes the return of human touch in industrial processes, blending technological advancements with human creativity and problem-solving skills. The AI powered solution is set to embrace this, by developing AI that not only automates, but also collaborates with human operators, enhancing their capabilities rather than replacing them.
Customisation and Flexibility
Another hallmark of Industry 5.0 is the shift towards customisation and flexibility in manufacturing. BeChained is gearing up to make its AI more adaptable:
- tailored for specific production process (i.e. water management, exhaust or dust treatment, compressed air systems, HVAC, and others),
- capable of adjusting to varying production needs (for instance, with market price arbitrage it identifies the best cost effective schedule),
- enabling more personalized manufacturing processes.
Ethical AI and Sustainable Practices
As we step into the realm of Industry 5.0, ethical considerations and sustainable practices become increasingly significant.
BeChained identified a positive case of state-of-the-art advanced AI solution, that is spearheading the energy optimisation and the climate crisis.
BeChained is committed to developing AI solutions that are not only efficient, but also ethically sound and environmentally friendly, ensuring a sustainable future for the manufacturing industry.
The solution is capable to track the carbon footprint, from direct sources (smart meters, measuring the actual consumption), in a tailored production process.
The interaction between the existing customer’s facility metering and the blockchain back end at BeChained results in a powerful solution for insight of carbon emissions at product level.
This class of details is even more important in industries where competition, and so strategic sourcing, levers upon the lowest emissions in the whole supply chain of products. For instance, in the Fast Moving Consumer Goods (FMCG) space, in paper making and recently in steel manufacturing, among the others.
An AI driven solution is not just transforming the present; it’s paving the way for the future: a BCG’s analysis states that AI might help corporate to generate in between $1bn and $3bn in value added for corporates.
By enhancing efficiency in Industry 4.0 and preparing for the human-centric, flexible, and sustainable needs of Industry 5.0, BeChained stands as a beacon of innovation, leading the way in the ever-evolving landscape of industrial manufacturing.
As we look towards a future, where technology and humanity converge in industry, an AI powered solution, like BeChained’s, is undoubtedly at the forefront of this exciting journey.