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Industry 4.0: Can you afford to ignore it?

We are witnessing a fundamental transformation in how corporations produce goods thanks to a revolution in digitalization. Industry 4.0 describes the 4th industrial revolution whereby existing computer capabilities are partnered with live field data, machine learning and cloud computing to provide improved and previously unseen insights across the entire organizational value chain. If steam was the original driving force behind Industry 1.0 during The Industrial Revolution, technology is the driving force behind Industry 4.0.

 

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