A Smart Factory, or intelligent factory, is a highly automated and connected production environment that utilizes technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Big Data and Analytics, as well as Cyber-Physical Systems (CPS), to realize self-optimizing production.
The aim is to make production processes more flexible, efficient, and adaptable. In a Smart Factory, machines, systems, and humans communicate in real-time to make decisions that increase productivity, enhance quality, and enable the manufacture of customized products.