Smart Manufacturing, AI, and Industrial IOT

According to the National Institute of Standards and Technology (NIST), Smart Manufacturing refers to “fully-integrated, collaborative manufacturing systems that respond in real-time to meet changing demands and conditions in the factory, in the supply network, and in customer needs.” Smart Manufacturing, also known as Industry 4.0 or Industrial Internet of Things (IIoT).

The IIoT is revolutionizing manufacturing by enabling the acquisition and accessibility of big data at greater speeds than ever before. The IIoT can greatly improve connectivity, efficiency, scalability, time savings, and cost savings for industrial organizations. However, this IIOT industrial revolution is still emerging, and most organizations are change- and risk-averse, often unable to see the full potential and monetary value of the IIoT. Therefore, there is a significant need for techno-economic and market analysis for the application of IIoT technologies in the industrial sector.

Global Efficiency Intelligence provides analysis of the market potential and application of smart manufacturing techniques and IoT technologies in industrial sectors across various energy systems and manufacturing subsectors worldwide. Building on our extensive knowledge of energy systems and manufacturing processes, we conduct detailed analyses of IIoT application, market size, and energy savings potential, along with forecasts tailored to different industries.

In parallel, Global Efficiency Intelligence is also actively researching the role of AI in transforming the industrial sector. Although the rapid growth of AI and large-scale computing has raised concerns about rising energy demand, AI-driven solutions can, in many cases, streamline operations and reduce overall emissions. Our work focuses on identifying how AI applications—such as predictive maintenance, advanced process controls, and real-time data analytics—can boost efficiency, minimize downtime, and optimize resource use. By harnessing AI’s capabilities, industrial facilities can achieve lower energy intensity and cut CO₂ emissions, turning cutting-edge technology into a powerful tool for decarbonization