The growth of digitalization with Industry 4.0
In recent years, significant growth in Industry 4.0 digitalization has had a major impact on the manufacturing sector.
Growth of digitization with Industry 4.0
Significant progress in the digitization of Industry 4.0 has had a major impact on the manufacturing sector in recent years.
The transition from traditional paper-based methods to more efficient digital solutions is helping all types of manufacturers, from textiles and food to pharmaceuticals and industrial chemicals, to improve their productivity. , reduce costs and thereby make operations more efficient.
In fact, in a recent study by Getac and Statista, a quarter of US manufacturers said they believe digitization will reduce their costs by up to 30% over time.
As digital transformation progresses, the number of new tools and solutions available to manufacturers also continues to grow, offering them a wide range of competitive advantages. Three of the most important tools for the future are artificial intelligence, augmented reality, and automation, all of which help solve tomorrow’s challenges today. This article takes a closer look at each and discusses how they are expected to shape the future of the manufacturing industry in the future.
Artificial intelligence for Industry 4.0
The use of artificial intelligence (AI) across all manufacturing sectors is estimated to grow at an annual rate of 57.2% over the next five years, creating a market worth more than €14.02 billion by 2026. It is therefore important for manufacturers to invest in IT equipment that can support specialized industrial applications such as artificial intelligence out of the box, helping to seamlessly integrate their technology into processes when the time comes.