In this article I give a brief introduction to the Data Confidence Fabric idea, which is based on the Distributed Ledger Technology IOTA. I will then show how they could solve a big challenge in the ongoing push towards Smart Factories.
Today, the term Digital Twin is ubiquitous. Four years ago, I had my first personal contact with this concept. I attended the VDI conference “Big Data in Manufacturing”, where a General Electrics (GE) manager presented the well-known example of the transformation of GE’s business model in the aircraft turbine market.
The Digital Transformation is happening at full speed. And it leaves no industry untouched. So is the manufacturing industry.
However we have a different name for the change in this sector: Industrie 4.0.
The movement towards Industrie 4.0 leads to a higher software penetration on the shop floor. Companies must sit behind the steering wheel if they do not want to run into trouble. A suitable software architecture is the basis for a successful Industrie 4.0 journey. [...]