Industry 4.0 is sweeping the world. For Industry 4.0 in China, the focus is on artificial intelligence, intelligent finance, healthcare, and smart logistics. One person said, “We are embracing smart manufacturing with open arms. It will allow us to respond to the needs of increasingly demanding consumers both here and around the world and it represents the backbone of the next stage of China’s development.” They have set aside an area called TEDA which stands for Tianjin Economic-Technological Development Area and they are focusing on not only development but connectivity and collaboration. They hope to further technology in manufacturing to increase their efficiency and intelligence in the field.
Although the term ‘Industrie 4.0’ originated with the German government, the idea of a fourth industrial revolution has resonated with manufacturers around the globe. There’s a tendency to associate cutting-edge manufacturing technology with the West, but countries around the globe have been doing their utmost to gain a competitive edge. From ambitious upstarts like Ethiopia and the United Arab Emirates (UAE) to industrial powerhouses like China and India, everyone wants a piece of the manufacturing pie. So, what does Industry 4.0 look like outside of Europe and North America? Read More