Archives: Glossary Terms

  • 8. September 2025
    Overall Equipment Effectiveness - key performance indicator for measuring overall equipment efficiency from availability, performance and quality.
  • 8. September 2025
    Message Queuing Telemetry Transport - lightweight communication protocol for data exchange between IoT devices and machines.
  • 5. September 2025
    Manufacturing Execution System - software for real-time control and monitoring of entire production.
  • 5. September 2025
    Machine Learning - algorithms for autonomous pattern recognition in production data for automatic process optimization without manual programming.
  • 5. September 2025
    Digital connection of production machines with IT systems for data collection and automatic control.
  • 5. September 2025
    Manufacturing of individual single pieces without series production to fulfill specific customer requirements.
  • 5. September 2025
    Human-centered production with collaboration between humans and intelligent machines for sustainable manufacturing.
  • 5. September 2025
    Fourth industrial revolution through digitalization and intelligent networking of production facilities.
  • 5. September 2025
    IIoT is the internet-based networking of industrial machines, systems, and devices for data collection and process optimization.
  • 5. September 2025
    Enterprise Resource Planning - software for integrated management of all business processes and resources.

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