What exactly is Industry 4.0?
Originally coined by the German government, Industry 4.0 has been named as the fourth industrial revolution and is the next phase in the digitalisation in manufacturing and industrial processes.
Put simply, Industry 4.0 is the use of digital technologies in the manufacturing process to produce higher-quality goods at reduced costs.
The technical systems that arise from this digital revolution offer businesses remarkable opportunities including smarter production, productivity improvements and ultimately, increased revenue.
Helping your business to grow
%
%
%
Of UK manufacturers believe Industry 4.0 is a chance to revitalize UK manufacturing,but many are unsure about how it will affect their business.
Of manufacturers that indicated an adequate understanding of Industry 4.0 were planning to move to Industry 4.0.
Of companies plan to adopt cloud-based solutions to increase resilience and address vulnerabilities.
Helping your business to grow
%
Of UK manufacturers believe Industry 4.0 is a chance to revitalize UK manufacturing,but many are unsure about how it will affect their business.
%
Of manufacturers that indicated an adequate understanding of Industry 4.0 were planning to move to Industry 4.0.
%
Of companies plan to adopt cloud-based solutions to increase resilience and address vulnerabilities.
The benefits of Industry 4.0
• Better decision making by providing real-time data analytics, allowing you to quickly change customer demand and expectations.
• Improved product quality by detecting and correcting errors early.
• Increased competitiveness will increase your innovative strength and position you better in the market.
• Better collaboration and knowledge sharing.
• Improved worker safety will reduce the number of jobs in dangerous environments.