Be prepared to embrace Industry 4.0 in 2023
Recent surveys show a sharp trend of aggressive digital technology adoption. According to Manufacturing.net, manufacturers are investing heavily in adopting IIoT, big data, and analytics to improve efficiencies, reduce human error, and increase revenues.
What are the impacts on the manufacturing industry? What should companies be aware of in this ‘new normal’ and take into consideration in their competitive plans?
This paper discusses seven main trends that we believe will affect the manufacturing industry in 2023 and beyond.