Manufacturing is one business sector that has been heavily affected by information technologies, and bigger changes are yet to come. However, the Global Digital Operations 2018 Survey by Strategy& found that 67% of global manufacturing companies show little or no enthusiasm for the idea of a digital transformation of their business. Read on to learn why manufacturers should not miss the opportunity to make the most of what digital transformation can provide them.
The biggest industry in the world, manufacturing, cannot but be influenced by modern technologies. Today, the Internet of Things has an increasing influence on manufacturing, transforming both production and business management processes and creating smart factories. And it’s true to say that IoT is one of the core driving forces behind Industry 4.0 (aka the Fourth Industrial Revolution). In this article, we discuss the role of IoT in smart manufacturing and explain how connected devices can help manufacturers reduce production risks.