IoT Factory Platforms

This Open Manufacturing Platform was Developed by BMW and Microsoft

A new Open Manufacturing Platform has been unveiled as an initiative being developed by BMW Group and Microsoft to help aid the shift towards Internet of Things (IoT) industrial needs. The open design of the platform enables partners and community members alike to aid in the development of new services and solutions, while also putting a focus on intellectual property control. As factories continue to change and adapt to present and future infrastructure needs, the new platform will enable more control over machine learning technologies, analytics and beyond.

Executive Vice President at Microsoft Cloud and AI Group Scott Guthrie spoke about the new Open Manufacturing Platform saying, "Microsoft is joining forces with the BMW Group to transform digital production efficiency across the industry. Our commitment to building an open community will create new opportunities for collaboration across the entire manufacturing value chain."
Trend Themes
1. Open Manufacturing Platform - The development of open manufacturing platforms that allow for collaboration across the manufacturing industry creates an opportunity for companies to work together and share resources.
2. Internet of Things in Factories - The implementation of IoT in factories has the potential to revolutionize how we monitor and manage industrial processes, leading to greater efficiency and profitability.
3. Machine Learning Technologies - The emergence of machine learning technologies, such as those made possible through this new platform, will enable factories to optimize processes and better predict maintenance needs, leading to reduced downtime and increased productivity.
Industry Implications
1. Manufacturing Industry - The open manufacturing platform will transform the digital production efficiency of the manufacturing industry, leading to greater collaboration and resource sharing within the sector.
2. IT Industry - The development of IoT platforms for industrial needs brings huge opportunities for the IT industry to develop new solutions and services, harnessing the potential of emerging technologies like machine learning.
3. Automotive Industry - Initiatives like the Open Manufacturing Platform undertaken by BMW and Microsoft will be key in the digital transformation of the automotive industry, ensuring they stay ahead of the curve on new manufacturing technologies.

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