Featured Stories

Categories

Industry 4.0 - a bright future

Graham Immerman
July 31, 2018

The numbers show that utilizing IoT and Industry 4.0 put businesses ahead of the competition. A recent study found companies that digitally transformed had 16% higher net margins than the industry standard. Forbes said, "IIoT technologies are becoming increasingly interdependent and involved in core business functions — and essential in supplying new value opportunities." It's time to consider implementing these technologies if you have not done so. 

The Industrial Internet Of Things, Digitalization And The Future Of BusinessSource: http://www.forbes.com

It started with "every company is a technology company," moved to "every business is a digital business" and now I think we’re at "every industry is an internet of things (IoT) industry." The technology that powers an organization has become just as essential to success as the product or service a venture provides. Every sector -- from finance to agriculture to transportation to healthcare to government to media -- is subject to this truth. Business technology must now interconnect people with the proliferating devices, data and systems that populate our digitalized world via the internet. The type of infrastructure that enables a business to address this evolution is dubbed the industrial internet of things (IIoT), but it really isn’t a separate concern. It’s all part of the same movement pushing modern commerce into its future state. Read More

Comments

Related posts

Prepping your staff for Industry 4.0 changes
07Dec

Prepping your staff for Industry 4.0 changes

"Retain, retrain, recruit." Digitalization creates amazing opportunities for businesses to become more efficient and employees to learn new skills. There are serious concerns about the manufacturing l...

What does it mean to be ready for industry 4.0?
05Dec

What does it mean to be ready for industry 4.0?

It's a common headline across the internet these days - are you prepared for industry 4.0? Are you ready for industry 4.0? But what does it mean to be truly ready? The truth is, you don't have to be "...

Why is cybersecurity important?
30Nov

Why is cybersecurity important?

Why is cybersecurity important? Because with increased use of technology comes an increased risk of your information being compromised. Advanced Manufacturing said, "Both newer, advanced machines and ...

The cautious approach to Industry 4.0
15Nov

The cautious approach to Industry 4.0

It absolutely makes sense to be cautious when approaching a topic as huge as industry 4.0. It can seem intimidating or out of reach. If you haven't jumped on board yet, you're not the only one. Compan...

IoT - change for the better
14Nov

IoT - change for the better

Utilizing the internet of things can be a total game changer for manufacturers. Forbes said, "Looking to leverage the latest technological solutions in the manufacturing process has allowed companies ...

Industry 4.0 inspiration
14Nov

Industry 4.0 inspiration

If you want to see proof of industry 4.0's benefits, check out these success stories. Industry Week put together a list of nine companies leading the way! They said, "These beacons should serve as a g...

Risk management with cybersecurity
07Nov

Risk management with cybersecurity

Managing the risks of cybersecurity is important for any business utilizing technology. First and foremost, ask questions. Not everyone can be a cybersecurity expert, so find someone knowledgeable you...

Changing perspectives
31Oct

Changing perspectives

The manufacturing industry is going through an image makeover of sorts. This is due to the widespread implementation of cutting edge technology as well as the need for qualified workers. Industry Week...

Smart manufacturing is a smart move
25Oct

Smart manufacturing is a smart move

When is it risky to wait? When everyone else is moving forward. Utilizing smart manufacturing technology sooner rather than later is the smart choice. Industry Week reported that most manufacturing co...

Analytics are the first step
24Oct

Analytics are the first step

Before you try to completely overhaul your factory for Industry 4.0, start with analytics technology as your first step. This can not only give you a baseline, but can drastically improve your efficie...

banner1-1

Subscribe Email

banner2-2