The main benefits of Industry 4.0 are easy to understand - increased knowledge turns into increased efficiency which saves you time and money. There are also plenty of lesser known benefits like solving workforce challenges. Many businesses are dealing with a labor shortage in the manufacturing industry, but utilizing newer technologies can help attract the younger generations to want to work at your company. It also benefits your current employees! Forbes said, "Once trained on the fundamentals of the process, operators can leverage the digital technology to learn from the system, increasing their skills to the benefit of themselves and the company." How could industry 4.0 help your employees and your business suceed?
Part 1 in a two-part series exploring the less tangible benefits of Industry 4.0. Stuck between a soon-to-be retired workforce and a cohort of young engineers and operators with comparatively less experience, manufacturers are in a bind. They have job openings, but can’t find qualified people to fill them. Read More