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Haven’t Joined the Industry 4.0 Transformation? It’s Not Too Late
We’re in the midst of a significant transformation regarding the way we produce products thanks to the digitization of manufacturing. This transition is so compelling that it is being called “Industry 4.0” to represent the fourth revolution that has occurred in manufacturing. Finance professionals know that new technologies will fulfill the promise of artificial intelligence, data analytics, and cognitive technologies, and will eventually lead to the development of global systems that create dramatic efficiencies and enable business leaders to make more informed integrated decisions. But at this point, manufacturers who haven’t figured out how to apply Industry 4.0 across their companies aren’t yet falling behind, and they’re far from alone.