Samsung’s IT arm Samsung SDS on Tuesday said it will dive deeper into the intelligent factory platform ‘Nexplant’, which aims to help global manufacturers improve their productivity with the help of latest technologies.
“There is a massive amount of data created from factories. The core idea of intelligent factory centers on how to control and analyze such data through artificial intelligence technology and make the manufacturing procedures intelligent,” said Samsung SDS CEO and President Hong Won-Pyo.
Hong also said, “The concept of intelligent factories goes beyond smart factories, which centers on applying AI, Internet of Things, cloud computing and other top-notch technologies on all procedures surrounding manufacturing from production to inspection”.
According to Yonhap News, Samsung SDS claimed its Nexplant platform is making significant growth and currently applied in some 300 cases around 15 countries with clients including Singapore and Germany.
Some of the clients using intelligent factory platforms are Samsung Electronics, Samsung SDI, auto parts maker Hyundai Mobis, cosmetics company AmorePacific and confectionary firm Binggraewere.
The company said it estimates the market for intelligent factories to be around US$120 billion as of 2015 but anticipates the figure will rise to $170 billion in 2020.