Industry 4.0 and the Factory of the Future - Where it Started
Nearly every global manufacturer is reaching toward Industry 4.0 – the fourth industrial revolution featuring digitization and the widespread use of cyber-physical systems to master and optimize existing assets with disruptive technologies.
The customer journey for their large, strategic customers is often hand-in-hand with these advancement efforts as manufacturers seek to develop tighter connections beyond a handshake or EDI link.
“The term ‘Industry 4.0’ was first used in 2011 by Bosch and since then, nearly every major producer has embarked upon an automation strategy linking their legacy assets – including mechanical devices and business processes – with computer-based algorithms, the Internet of Things (IoT) capabilities sensing, scanning and monitoring key business functions, and other technologies that are supported by the next generation of cloud computing”
- Michael Rada, the Medium Corporation