Factory automation with the latest cellular IoT technology improves efficiency and results. Combining cellular IoT and Industry 4.0, the Nanjing located Ericsson Panda factory is continuously exploring ways to optimize manufacturing processes. Recently celebrating its 1,000th cellular IoT device the factory sees great results. The first year provided a 50% return on investment, while breakeven is projected to be reached in less than two years.
Mobile IoT technologies are set to play a central role in the smart factories of the future. Telecommunication equipment manufacturer Ericsson is using the cost-effective and reliable connectivity provided by Mobile IoT networks to make its factories in Sweden, Estonia and China more efficient and flexible.