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Industry 4.0, smart factories, digitalisation, and the Internet of Things (IoT) are all hot topics in the manufacturing sector, generating considerable buzz. These disruptive technologies are exciting, offering opportunities ranging from innovative R&D to digital supply networks. However, with this excitement comes complexity, which can easily seem overwhelming, and for enterprises who have additional challenges right now, the pressure to adopt multiple new technologies can appear to be beyond their means and would appear risky.
The past decade has provided ample evidence showing manufacturers that embrace the Industry 4.0 connectivity and automation opportunities stand to make productivity gains, reduce labor costs, and uncover new revenue streams. However, not every organisation has the resource, or the desire, to toss out legacy systems and reengineer its entire data network. Therefore, an incremental approach, one that follows a logical, prioritised strategy is something that every organisation, no matter the size or available resources, should plan and follow.
The Industry 4.0 DigiConnect will bring together manufacturing CIOs, COOs and Production leaders and industry experts to exchange ideas on how to navigate Industry 4.0 complexities and understand how these phased approaches can help your organisation achieve efficiency, productivity and save cost.