The Allure of Radical Digitalization
Fueled by ubiquitous connectivity, cloud-stored data lakes and artificial intelligence-based analytics, Industry 4.0 promises to create smart factories in which interconnected manufacturing systems communicate, in real time, with production machinery, robots and human operators throughout the entire value chain.
The digitalization and automation of factory floors and supply chains give manufacturing organizations an unprecedented insight into their manufacturing operations and product performance. Rich information from plant floor equipment and advanced analytic tools help manufacturers optimize manufacturing operations and improve manufacturing capacity, yield and quality. And as manufacturing companies in the industrial world continue to battle a growing shortage of skilled workforce, pervasive digitalization and advanced optimization help streamline operations and maximize efficiency and resource utilization.
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