Glossary

Pattern recognition is a data analysis method that uses ML (machine learning) algorithms to automatically recognize patterns and regularities in data. This data can be anything from text and images to sounds or other definable qualities. Pattern recognition systems can … Read More

Computer vision is an interdisciplinary field that deals with how computers can be made to gain high-level understanding from digital images or videos. From the perspective of engineering, it seeks to automate tasks that the human visual system can do. “Computer vision is concerned with the automatic extraction, analysis … Read More

Manufacturing analytics is the use of machine, operational, and system data to manage and optimize production, including key functions such as maintenance, quality, and planning. With accurate and real-time data, manufacturers can make better, faster decisions.

Machine monitoring is the process of extracting, storing, and displaying machine data in an industrial context. It’s a fast, scalable technique for turning manufacturing machine data into real-time insights. Machine monitoring works equally well in discrete and process industries.

In Lean manufacturing, “waste” is commonly defined as any action that does not add value to the customer. Essentially, waste is any unnecessary step in a manufacturing process that does not benefit the customer, therefore, the customer does not want to … Read More

Lean manufacturing is a production method aimed primarily at reducing times within the production system as well as response times from suppliers and to customers. It is closely related to another concept called Just-in-time manufacturing(JIT manufacturing in short). Just-in-time manufacturing tries to match production to demand by only supplying goods which have been … Read More

The Fourth Industrial Revolution, 4IR, or Industry 4.0,[1] conceptualizes rapid change to technology, industries, and societal patterns and processes in the 21st century due to increasing interconnectivity and smart automation. The term has been used widely in scientific literature,[2] and in 2015 was popularized by Klaus Schwab, the World Economic … Read More

The industrial internet of things (IIoT) refers to interconnected sensors, instruments, and other devices networked together with computers’ industrial applications, including manufacturing and energy management. This connectivity allows for data collection, exchange, and analysis, potentially facilitating improvements in productivity and efficiency as well … Read More

A Human-Machine Interface (HMI) is a user interface or dashboard that connects a person to a machine, system, or device. While the term can technically be applied to any screen that allows a user to interact with a device, HMI … Read More

First pass yield (FPY), also known as throughput yield (TPY), is defined as the number of units coming out of a process divided by the number of units going into that process over a specified period of time. Source: https://en.wikipedia.org/wiki/First_pass_yield