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The Korean company said Tuesday it unveiled its integrated revolution of industrial solution (IRIS) platform at Seoul International Manufacturing Technology Show (SIMTOS) 2018 in Goyang, Gyeonggi Province. <br><br>IRIS is a control system that connects the machine tools in the factory via the internet so that engineers can monitor the components in real-time through a mobile device anywhere at any time. They can also identify impending faults in the smart factories across the globe so that the problems can be fixed in advance, said the company. <br><br>Computer numerical control (CNC) system is another smart solution that accurately measures the power consumption of facilities for optimum energy use. Another program records all machinery operations so it can detect early signs of defects in the system. <br><br>The company revealed 22 pieces of equipment for the smart factory at the exhibition, including the XF8500 high-performance machine tool. <br><br>Hyundai Wia signaled a companywide shift toward innovation with the announcement of its new slogan, Experience the New Technology. The company said the manufacturing sector needs to take a giant leap in productivity in the age of the fourth industrial revolution. <br><br>“The new slogan represents our will to deliver customer value through advanced technologies,” said a Hyundai Wia official. “We will continue investing in research and development to become a global leader in machine tools and auto parts.” <br><br><br>[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]<br> <span class="art_sign">By Kim Jung-hwan and Kim Hyo-jin</span><br> <span class="art_copy">[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved] </span> </div> </div> </div> <div id="co_right"> <div class="mostread"> <h3> <a href="#"><span class="taboff">MOST READ</span></a> <a href="#"><span class="tabon">MOST RECENT</span></a> </h3> <ul style="display: none"> <li> <p class="ranking">1</p> <p class="news1"><a href="https://pulse.mk.co.kr/news/english/11242501">Total of 34 cafés shut down every day in Korea</a></p> </li> <li> <p class="ranking">2</p> <p class="news2"><a href="https://pulse.mk.co.kr/news/english/11242510">Cheongnyangni, Seoul Station become popular spots for young ..</a></p> </li> <li> <p class="ranking">3</p> <p class="news3"><a href="https://pulse.mk.co.kr/news/english/11242517">DK Life Science surges over 50% on Kosdaq debut</a></p> </li> <li> <p class="ranking">4</p> <p class="news4"><a href="https://pulse.mk.co.kr/news/english/11242518">Air Premia posts record earnings in 2024 on long-haul routes</a></p> </li> <li> <p class="ranking">5</p> <p class="news5"><a href="https://pulse.mk.co.kr/news/english/11242503">SK chairman meets Vietnam’s top leader</a></p> </li> <li> <p class="ranking">6</p> <p class="news6"><a href="https://pulse.mk.co.kr/news/english/11199376">Doosan Enerbility on track to transform into SMR foundry</a></p> </li> <li> <p class="ranking">7</p> <p class="news7"><a href="https://pulse.mk.co.kr/news/english/11206365">Samsung CTO to deliver keynote speech at ISSCC 2025</a></p> </li> <li> <p class="ranking">8</p> <p class="news8"><a href="https://pulse.mk.co.kr/news/english/11230765">AI-powered knowledge management systems see surge in biz dem..</a></p> </li> <li> <p class="ranking">9</p> <p class="news9"><a href="https://pulse.mk.co.kr/news/english/11242545">SK biopharm strengthens U.S. R&D team with key hires</a></p> </li> <li> <p class="ranking">10</p> <p class="news10"><a href="https://pulse.mk.co.kr/news/english/11242516">Kakao Healthcare, Caring to develop senior healthcare servic..</a></p> </li> </ul> <ul> <li> <p class="ranking">1</p> <p class="news1"><a href="https://pulse.mk.co.kr/news/english/11243465">Korean household loans rebound in February on mortgage loans</a></p> </li> <li> <p class="ranking">2</p> <p class="news2"><a href="https://pulse.mk.co.kr/news/english/11243460">Daemyung Sono poised to become T‘way Air’s largest sharehold..</a></p> </li> <li> <p class="ranking">3</p> <p class="news3"><a href="https://pulse.mk.co.kr/news/english/11243459">Korean retailers offer subscription services to retain custo..</a></p> </li> <li> <p class="ranking">4</p> <p class="news4"><a href="https://pulse.mk.co.kr/news/english/11243457">Korea on alert as Trump withdraws U.S. from global tax agree..</a></p> </li> <li> <p class="ranking">5</p> <p class="news5"><a href="https://pulse.mk.co.kr/news/english/11243456">Winia set to find new owner after corporate rehabilitation</a></p> </li> <li> <p class="ranking">6</p> <p class="news6"><a href="https://pulse.mk.co.kr/news/english/11243447">Hana Card, Garuda Indonesia form strategic marketing partner..</a></p> </li> <li> <p class="ranking">7</p> <p class="news7"><a href="https://pulse.mk.co.kr/news/english/11242545">SK biopharm strengthens U.S. R&D team with key hires</a></p> </li> <li> <p class="ranking">8</p> <p class="news8"><a href="https://pulse.mk.co.kr/news/english/11242519">JLK secures approval for AI stroke diagnosis solution in Jap..</a></p> </li> <li> <p class="ranking">9</p> <p class="news9"><a href="https://pulse.mk.co.kr/news/english/11242518">Air Premia posts record earnings in 2024 on long-haul routes</a></p> </li> <li> <p class="ranking">10</p> <p class="news10"><a href="https://pulse.mk.co.kr/news/english/11242517">DK Life Science surges over 50% on Kosdaq debut</a></p> </li> </ul> <script type="text/javascript"> //most read var ma = $('.mostread h3 a'), mul = $('.mostread ul'); ma.off('click').on('click', function (e) { ma.find('span').attr('class', 'taboff'); $(this).find('span').attr('class', 'tabon'); mul.hide(); mul.eq($(this).text() == 'MOST READ' ? 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