Digital Transformation Value Indicators for a Sustainable and Circular Economy
Figure 2-1 : Emerging / emergent digital technologies leading to transformative solutions in industry . Source : IIC .
IoT and a number of other digital technologies play a key role in a wide range of transformative solutions in smart manufacturing , such as :
• Plant performance optimization
• Production quality assessment and control
• Asset condition monitoring
• Predictive maintenance
• Energy consumption optimization
• Environmental monitoring
• Goods condition monitoring during transportation
Several other articles and papers in the industry highlight a very similar set of technologies as enablers of digital transformation .
A white paper published by the International Organization for Standardization ( ISO ) Smart Manufacturing Committee ( Aug . 2021 ) [ 2 ] took great strides and effort to identify current technologies and capabilities that are enablers and those that enhance digital transformation and manufacturing sites . Figure 2-2 shows a sampling of these technologies .
138 April 2023