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Datametrex Launches Smart Factory Platform
Toronto, Ontario--(Newsfile Corp. - September 16, 2022) - Datametrex AI Ltd. (TSXV: DM) (FSE:...
About this update from Datametrex Ai Ltd.
[{"type":"text","content":"Datametrex Launches Smart Factory PlatformToronto, Ontario--(Newsfile Corp. - September 16, 2022) - Datametrex AI Ltd. (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the \"Company\" or \"Datametrex'') is pleased to announce that the Company is launching Smart Factory AI technology, which is based on AI, big data, and server automation operating system technologies. The Company is preparing for the first initial release in the United States with room for expansion internationally.Additionally, the Company has received Purchase Orders (\"P.O\") for approximately $200,000 CAD from various multinational companies including Lotte Data Communication Co., Ltd. (\"Lotte\"), Woongjin Co. Ltd (\"Woongjin\"), and Kolon Benit (\"Kolon\").The Smart Factory Manufacturing Market size is projected to reach USD 727 Billion by 2030, growing at a CAGR of 12%. The growth is greatly influenced by businesses able to minimize cost and labor of operations and manufacturing. (Source: https://www.globenewswire.com/en/news-release/2022/07/12/2478454/0/en/Smart-Manufacturing-Market-Size-is-projected-to-reach-USD-727-Billion-by-2030-growing-at-a-CAGR-of-12-Straits-Research.html) In a recent survey, 75 percent (75%) of respondents say smart manufacturing would increase their company's competitiveness with increased productivity. (Source: https://www.sme.org/aboutsme/newsroom/press-releases/2022/sme-cesmii-release-2022-smart-manufacturing-market-survey/)Smart Factory Manufacturing simplifies company's needs by eliminating human error by utilizing ICT technologies which can streamline production and processing while maintaining sustainability, safety, and product quality. Smart Factories benefit manufactures by creating faster and more cost-efficient processes to get products made.Benefits of Smart Factory Manufacturing:Better Collaboration and Knowledge SharingSmart manufacturing improves productivity and engagement by making it easier for employees to communicate. Information can be personalized and customized to better align with the company's manufacturing goals. Improved Data InsightsDigital information allows for better resource usage and optimizes operational plant performance. You get more data, faster. Real-time reporting creates better problem-solving solutions and improves productivity.Maximized Efficiency The smart factory reduces human manual han...