Economics
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Industry 4.0 | From Analysis To Action: Are Companies Doing Enough?
By Vincent Rutgers Brand Contributor Deloitte Reprinted from Forbes Magazine, June 24, 2019 When it comes to the fourth industrial revolution, it seems no capability has been touted more than the connected enterprise. For years now, the connected enterprise—where everything from factory floors to retail shelves are digitally linked—has been one of the main objectives
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What is Industry 4.0 and What Will it do for Manufacturers?
Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It is also know as the Smart Factory or "Lights-out Manufacturing". It includes cyber-physical systems, the Internet of things, cloud computing[1[2][3][4] and cognitive computing. Artificial Intelligence (AI) plays a large role in executing the smart factory as do industrial robots and autonomous mobile robots, which are