What are lean digital factories and how can they help your business sustainability goals
Lean digital is a new way for companies to improve their business. The use of technology and data provides resources which can be used alongside traditional lean methods, such as industrial 4 .0 capabilities, to identify areas where process waste might exist so it doesn’t continue unchecked.
Industry 4.0, also known as the fourth industrial revolution, is a term used to describe the current trend of automation and data exchange in manufacturing. Industry 4.0 has revolutionized the way factories work, with the increased use of cyber-physical systems, the Internet of Things, and cloud computing. Smart Manufacturing or Industry 4.0 is an important part of the future for many countries around the world because it can increase efficiency, productivity and economic growth. In this blog post, we will explore some of the opportunities, challenges, and future directions for smart collaborative manufacturing systems.
Industry 4.0, also known as the Fourth Industrial Revolution, is everything about making business smarter and more automated. Where the Third Industrial Revolution focused on switching mechanical and analog processes to digital solutions, the Fourth Industrial Revolution focuses on deepening the impact of our digital transformation technologies by making our machines more self-sufficient, able to “communicate” with one another, enabling data exchange, and thereby read massive amounts of data in ways that humans can’t—all in the name of efficiency and growth. Industry 4.0 technology represents a foundational shift in how businesses’ manufacturing technologies operate, as fundamental as the change from steam power to electricity in the Second Industrial Revolution, and way ahead of the first industrial revolution.