Companies looking to unlock the value of Industry 4.0 need to implement new tools and processes that connect their physical infrastructure to the multitude of data required to run highly automated manufacturing plants.
However, global turmoil has exposed many issues, such as gaps in the supply chain, workforce scarcity and retention, and cybersecurity threats.
Still, the benefits of Industry 4.0, which include flexible production, reduced waste, and enhanced productivity, are becoming too lucrative to ignore. The choice of partners in this core priority initiative is key.