research revealed that just one minute of plant downtime costs in the region of $ 22,000 and typically they are dealing with 800 hours of downtime a year , so our goal is to minimise that . If we can detect through a multitude of IoT sensors on every machine in that plant how a specific car was produced on a particular day , we can start to conceptually produce things like the digital twin of a car to aid the manufacturing process . That ’ s a visionary statement of what we ’ re working towards and how we hope to add value in new ways for our customers .”

Looking ahead , what are Armstrong ’ s predictions for the emerging needs of business in this area ? “ In 2018 , industry will utilise tech to take advantage of existing data lakes and its real-time feed to achieve value with Industry 4.0 . We have customers who are actively talking to us about how they can take Data RPM on board with their mission critical applications to enhance and improve their manufacturing process or do predictive maintenance on the high value items they produce , whether that ’ s large compressors , vehicles or large refrigeration units .

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