Is Industry 4.0 a Smart Way Forward?
One of the defining characteristics of Industry 4.0 is the smart factory. Not everyone, however, believes the smart factory is a good idea. In fact, Steven L. Blue, President & CEO of
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
One of the defining characteristics of Industry 4.0 is the smart factory. Not everyone, however, believes the smart factory is a good idea. In fact, Steven L. Blue, President & CEO of
As far as revolutions go, we remain in the infancy of the Fourth Industrial Revolution (aka Industry 4.0). A 2021 survey conducted by PTC found that the Industry 4.0 journey has been
The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has
Family car trips are often characterized as torturous journeys during which children constantly pester their parents by repeatedly asking, “Are we there yet?” The same question is often asked about the Fourth
Revolutions, especially those that succeed, are generally big deals. The Fourth Industrial Revolution (aka Industry 4.0) is no different. According to a manifesto from the World Economic Forum (WEF), “The Fourth Industrial
Industry 4.0, the nickname given to the Fourth Industrial Revolution, has drawn a lot more attention thanks to the pandemic and the immense number of unfilled jobs in the manufacturing sector. “In
Industry 4.0 is a term coined by the German government as shorthand for the Fourth Industrial Revolution. Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by
Today, many business professionals rightfully view their operations in terms of ecosystems or value chains. For the business to succeed, all stakeholders in the value chain must also do well. Historically, this
Despite years of discussion about the fourth industrial revolution (aka Industry 4.0), the revolution remains in its infancy. Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven
The late Beatle John Lennon once stated, “Life is what happens while you are busy making other plans.” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks
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