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digital program that can collect   sights platform can use re-
                                        data and provide valuable in-  al-time  and  historical  data  to
                                        sights in real time, such as the   reduce  time  spent  on  design
                                        CoroPlus® MachiningInsights   and  planning,  set-ups  and  ma-
                                        platform, manufacturers can   chining by 5 percent.
                                        streamline production and gain   Once machining begins, all
                                        valuable insights into their   of  the data collected by the
                                        workshops.                    platform can be displayed on
                                        The  platform  can  gather  data  di-  a dashboard that is accessible
                                        rectly from machines to provide   from a browser on any device.
                                        accurate and instantaneous in-  The information can be used
                                        formation to the operator. This al-  for activities such as resource
                                        lows facility managers to uncover   planning, asset management
                                        opportunities for efficiency im-  and  cost prediction. A  collabo-
                                        provements along the production   rative feature is also integrat-
                                        process. By comparing real-time   ed into the platform, allowing
                                        and historical data, the platform   workshop-wide problem solv-
                                        can give insight into machine   ing and communication.       Seeing the
                                        performance, such as developing                              benefit of
                                        faults and stoppage causes.   Resilient growth               Industry 4.0
                                        Being able  to detect faults be-  By becoming  digital,  manufac-  technolo-
                                        fore they occur, such as by   turers can not only optimize pro-  gies in its
                                        using vibration data, is an in-  duction to increase productivity   own man-
                                        tegral part of any predictive   in the present,  but  also  prepare   ufacturing
                                        maintenance strategy. The abil-  for  the future. The pandemic   facilities,
                                                                                                     Sandvik
                                        ity to estimate when a piece of   has  highlighted the  need  for   Coromant is
                                        equipment  might  fail  means   manufacturers  to be resilient,   committed
          sign patterns during their day   maintenance can occur in an   by displaying agility in the face   to provid-
          shifts  to  prepare  machines  to   organized way before the fail-  of global and industry challeng-  ing digital
          run through the night. Now,   ure occurs, avoiding the sudden   es. By connecting machines and   solutions to
          with investment in digital    and costly onset of unsched-  digitalizing  processes,  changes   its custom-
          technologies, such as smart au-  uled downtime. According to   to production can be carried out   ers, and
          tomation and ultra-flexible ro-  a recent report by Deloitte,   quickly and seamlessly.    supporting
          bots, the design patterns can be   predictive  maintenance  can   With  each  manufacturing  step   them in in-
          changed without the need for   reduce breakdowns by 70 per-  optimized, digitalization creates   corporating
          human oversight, saving time   cent  and  increase  equipment   efficient  operations  that can  be   the latest
                                                                                                     technolo-
          and resources.                uptime by 20 percent.         leveraged  to make  a  quick  re-  gies across
                                                                      covery  from  impediments  to   the factory
          Important insights            Continuous optimization       production. Manufacturers who   floor.
          Seeing the benefit of Indus-  However,  it is not only sudden   ensure their production process-
          try 4.0 technologies in its own   breakdowns that can be a source   es are agile and resilient will con-
          manufacturing facilities, Sand-  of inefficiency in machining pro-  tinue to prosper, even in the face
          vik Coromant is committed to   cesses.  A great deal  of time  can   of unexpected challenges.
          providing digital solutions to   be taken during the design, plan-  Digitalization  is revolutionizing
          its customers and supporting   ning,  and  set  up  of machines.   the  manufacturing  industry,
          them in incorporating the lat-  By  digitalizing  these steps,  ma-  making production fast, efficient,
          est technologies across the fac-  chines can be up and running in   and  flexible,  therefore helping
          tory floor.                   a matter of minutes, with just a   manufacturers to meet company
          Take its CoroPlus® Machinin-  few touches of a screen.      targets in an evolving landscape.
          gInsights platform, for exam-  In addition, a digital program   The metal cutting industry in In-
          ple, an expansion of the Sand-  can use insights from previous   dia can leverage emerging Indus-
          vik Coromant CoroPlus® suite   process runs  to improve  the   try 4.0 technologies from across
          of connectivity software. Man-  next, allowing for continuous   the globe to increase productiv-
          ual collection of data and docu-  improvement and highly opti-  ity and  help  progress  towards
          mentation is an inefficient and   mized processes. For instance,   the  country’s  five trillion-dollar
          tedious process. By installing a   the CoroPlus® MachiningIn-  economy goal.




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