Some businesses are trying to transition to Industry 4.0, but are having a difficult time doing so. MPN says this is partially due to the skills gap and lack of flexibility with their contracting choice. However, MPN also noted that choosing a good partner is often the best way to make a successful transition. They said, "Contractors can help businesses to adapt their operations to new markets, with their sought-after expertise helping to bring clarity to decision making and help steer the strategic direction of a business."
Industry 4.0 or the fourth industrial revolution (4IR), has dominated the headlines over the past few years, with businesses increasingly looking to adopt technology such as robotics and automation, artificial intelligence and remote monitoring of production lines to increase efficiency. In manufacturing industries, this increased focus on digital technology, including the use of big data, is a key differentiator, helping to futureproof businesses and improve overall equipment effectiveness and efficiency (OEEE). Read More