Smart factories in Industry 4.0: A review of the concept and of energy management approached in production based on the Internet of Things paradigm

Imagineering Audit 4.0

“…In addition, IoT can facilitate real-time supervision of the expense and performance of business processes. For example, with the help of IoT, companies can remotely monitor energy consumption from individual machines and production lines (Shrouf et al 2014). Internal auditors could detect wasteful energy usage by comparing production plans and real-time energy consumption.…”

“…Factories in Industry 4.0 continuously monitor the conditions of physical objects and manufacturing activities in order to discover system faults, adjust production, and make decisions in real time. For example, if a machine failure is detected, the factory will immediately react to the fault and reroute production to other machines (Shrouf, Ordieres, and Miragliotta 2014). In the long-term horizon, factories will have the capability to adapt to changing market demands, technology options, and regulations in real time (Schlick, Stephan, Loskyll, and Lappe 2014).…”

“…The main purpose of IoT infrastructure is to integrate everything in the business world into the network where those ''things'' can communicate their status, surrounding environment, production processes, and maintenance schedules. (Pisching et al 2015;Shrouf et al 2014). This infrastructure collects and shares information through the value chain, and further facilitates real-time decision making and business automation.…”

“…IoT is a paradigm where physical objects are equipped with RFID tags, sensors, or CPSs and are linked through a network that offers connectivity among devices, systems, and humans (Chui, Loffler, and Roberts 2010;O'Leary 2013;Pisching, Junqueira, Santos Filho, and Miyagi 2015;Shrouf et al 2014). The main purpose of IoT infrastructure is to integrate everything in the business world into the network where those ''things'' can communicate their status, surrounding environment, production processes, and maintenance schedules.…”

“…' Hermann et al (2015) imagined that smart factories would employ a completely new approach to production, in which smart products are identifiable and traceable with the capability of self-awareness and optimization, and the whole manufacturing systems are connected vertically with other business processes and horizontally with related parties outside of the factory. Shrouf et al (2014) visualized the main components and processes in a typical smart factory (Figure 1).…”