Accelerating the
Industrial Internet of Things

Factory Operations Visibility & Intelligence

Factory Operations Visibility & Intelligence
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DESCRIPTION
FOVI is designed to collect sensor data generated on the factory floor, production-equipment logs, production plans and statistics, operator information, and to integrate all this and other related information in the cloud. In this way, it can be used to bring visibility to production facilities, analyze and predict outcomes, and support better decisions for improvements.
A smart infrastructure in a factory can push data regarding the production process to the cloud. Then, a custom factory simulation can be developed, allowing the management to view the entire process holistically, and begin to understand where efficiency can be enhanced, or costs can be cut.

FOVI will result in a better analysis of inefficiencies and causes of defects, reduced rate of product rejection, faster product repair, and related cost savings, enhanced product quality and production throughput, ability to handle higher volumes. This can easily be translated into concrete dividends for the firm.

Factory Operations Visibility & Intelligence is designed to collect sensor data generated on the factory floor, production-equipment logs, production plans and statistics, operator information, and to integrate all this and other related information in the cloud. In this way, FOVI can be used to bring visibility to production facilities, analyze and predict outcomes, and support better decisions for improvements.

Benefits: More timely product manufacturing and shipment from process optimization
-OPEX Reduction
-Customer Service Improvement

Participating Members: Fujitsu Limited, Cisco
MARKET SIZE
The industrial control and factory automation market is projected to reach USD 153.30 Billion by 2022, at a CAGR of 4.88% during the forecast period.
http://www.marketsandmarkets.com/Market-Reports/factory-industrial-automation-sme-smb-market-541.html
Unlocks 25B of Industry 4.0 value
http://www.japantag-duesseldorf-nrw.de/fileadmin/pdf/wirtschaftstag/Wirtschaftstag_Praesentationen/8_Activities_of_Fujitsu_group_in_Industrial_Internet_2016-05_v02.pdf
Worth up to 75B by 2022
http://www.marketsandmarkets.com/PressReleases/smart-factory.asp
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