Industry 4.0
Mounting challenges face the manufacturing sector with a major focus on optimizing production and balancing costs.
Industry 4.0 is a term for the fourth industrial revolution: the digitization and automation of manufacturing. We are in the midst of a fundamental shift in the way products are produced, and it’s deeply tied to the future of the Internet of Things (IoT).
Advances in networking, machine learning, data analytics, robotics, 3D printing, and other technologies are making vast improvements on industrial processes and reducing our dependence on human labor and decision-making. By leaning into digital solutions, manufacturing can reduce human error, shorten time to market, and increase the speed at which industrial processes can adapt to new information.
Rapid advancements in emerging technologies such as the industrial internet of things (IIoT), advanced mobile robots, additive manufacturing, industrial connectivity, and artificial intelligence-enabled solutions enable companies to tackle these challenges head-on by choosing the most suitable technologies to invest in. As technology progress continues, it is important for factories and production facilities to be proactive and identify potentially disruptive changes at an early stage.
