Some manufacturers still see Industry 4.0 as more of a risk than a reward. This is not the case anymore. We have proven success helping manufacturers save money by becoming more efficient, moving into a more competitive position. Forbes said, "You can lower your prices, while maintaining or increasing margins, spend time on hiring efforts, invest in new productivity-enhancing equipment, products and services and divert the savings towards developing and enhancing products."
As Industry 4.0 gains momentum in the manufacturing world, executives are calculating the risk-reward ratio of becoming early adopters of this technology. Some are considering the cost, in money and time, against the potential gains. Others are determining whether they should wait until their competition shows definitive proof of the benefits before striking out into the largely unknown territory. Still, others, stung by the over-blown promises of overly complex and costly earlier technologies, are simply wary. All of them are working to figure out what exactly is at stake in leading or lagging behind the Fourth Industrial Revolution. Read More