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
Industry 4.0 and IoT can make your factory a smart, efficient machine. It can empower your employees to make them more efficient with more job satisfaction. These initiatives can also help immensely w...
Sometimes the possibilities can seem overwhelming. When you're trying to work on Industry 4.0 initiatives and get stuck in all the information - what do you do? Deloitte says many companies feel this ...
Why is Industry 4.0 so important? Because you can have the information you need when you need it. You might not initially realize how inefficient your shop could be until you implement this technology...
Industry 4.0 can often seem like a big, daunting challenge. To make it a little easier, Industry Week put together a list of a few things you can do right now to move toward Industry 4.0. They said fi...
If you want your Industry 4.0 initiative to succeed, industrialized data is vital. The bottom line is that if your data isn't safe and accurate it's not helping you. Forbes said, "To realize the full ...
Transitioning to IIoT? You can learn from those before you to make your transformation smooth and successful. First of all, you don't need to break the bank right away. Industry 4.0 technology is beco...
The manufacturing industry is currently dealing with a skills gap. This has happened before - during the Industrial Revolution of the 19th century and there was a positive outcome then! Forbes said th...
Big data and machine learning are making a big impact on manufacturing, but they are also important in society as a whole. Forbes says big data is, "The realization that there exist piles of data wher...