Digitization Has The Potential To Propel Manufacturing Beyond Industry 4.0!

2 years ago
2

Industry 4.0 refers to digital technologies used in factories and plants to improve efficiency and effectiveness. Manufacturing is far from being as digital as it may be in comparison to other elements of the organization. Three events are pushing firms to the brink of insolvency. In 2018, 98% of manufacturers had begun incorporating AI into their products. By 2025, there may be more than 27 billion linked gadgets creating, transmitting, and computing data.

This implies that manufacturers must become software-savvy. The digital imperative is critical to sustainability. Businesses must connect Industry 4.0 technologies in a way that enables them to see much clearer and farther ahead. Imagine a virtuous circle of digital copies of every aspect of product development, engineering, and manufacturing. Jobs will require greater invention, creativity, teamwork, and communication.

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