Industry 4.0 is an overarching concept that brings together various solutions that connect factories and their components through intelligent use of data. In order to highlight the importance of the concept, we created a short, to-the-point list of reasons why you should look into intelligent manufacturing solutions.
1. Your competitors are already on it
2. Revenue potential to match the investments
3. Industry 4.0 can increase your productivity
4. Industry 4.0 can help you create new products
5. Industry 4.0 will create new business models
Digitalization changes the way humans interact with machines. As less manual labour is required in the production of the product, humans can focus on doing what we do best – developing new ideas that can ultimately lead to new products and services. More and more revenue might thus come from the services around a product and not just the product itself.
