Does unplanned equipment downtime cause your maintenance team to scramble? How much do unexpected outages cost your company? What’s the value of delayed or canceled customer orders? According to a
In 2019, the World Economic Forum and McKinsey & Co. released a whitepaper that describes two ways that Industry 4.0 will transform business. First, implementation of Industry 4.0 capabilities will
Industry 4.0 – or the fourth industrial revolution – refers to a cyber-physical environment that self-optimizes. The system collects data, creates its own analytical models, makes decisions and optimizes the
