What is Industry 4.0?
At its heart, Industry 4.0 is digital transformation applied to manufacturing – bringing with it all the change, opportunities and challenges that represents.Industry 4.0 connects the supply chain and the ERP system directly to the production line to form an integrated, automated and, potentially, autonomous manufacturing processes that make better use of capital, raw materials, and human resources.At the moment, Industry 4.0 is a bit of a fuzzy concept because it goes well beyond just connecting machines to other machines or automating another step in a production line with a robot, said Ned Hill, an economist at The Ohio State University who focuses on manufacturing and economic development.To read this article in full or to leave a comment, please click here