Industry 4.0: The critical facts - SIGnals

Industry 4.0 has been dubbed the next industrial revolution, with many analysts expecting the digitalisation of manufacturing to revolutionise how goods are processed and produced. Global consulting firm PwC surveyed more than 2,000 'first movers' from nine major industrial sectors to see how they approached Industry 4.0. Performance improvements will be made with smart manufacturing initiatives like integrated planning, scheduling, and predictive maintenance. This is because intelligent machines are available permanently and without interruption. They can identify and report when they need to be serviced or have parts replaced.