July 12, 2018
This digitalisation trend adds pressures to traditional businesses, but also offers exceptional opportunities that will optimise production and increase efficiency. These changes revolutionise activities, processes, competencies and models through a mix of digital technologies with an accelerating impact across not only businesses, but society and cultures. Sparked by a shift in new demands from customers, Industry 4.0 is the name for the current trend of automation and new technologies in the manufacturing sector. The revolution brings changes in all areas of life and existing business models. For example, it won’t just be me who uses Amazon’s Echo Dot – ‘Alexa’ – to carry out mundane tasks such as turning on music or making phone calls out of sheer laziness and convenience. This is an example of the shift and a starting point for automisation and its effect on society and the way we all operate. Industrial manufacturing organisations have realised the necessity in improving flexibility and reducing time to market, while at the same time ensuring the quality of products is…