The outbreak of COVID-19 has halted operations across all industry verticals. This has forced the manufacturers to adopt to new ways and methodologies for getting back to normal operations. Thanks to IoT, decreasing cost of sensors and advancement in connectivity technologies for enabling industries to return to normal operations. For
Internet of things has altered the way consumers approach towards the aspects of everyday life, particularly in the area of predictive maintenance industrial internet of things (IIoT) is making its mark in the business. Although treated as separate elements, preventive and predictive maintenance, Reliability Engineering, equipment history and functional pride
Industry 4.0 encompasses the intelligent interconnectivity between automation, digitization, and data analytics. Manufacturers are in a race against time to gain a competitive advantage from Industry 4.0 investments. The Great Recession of 2007-09, as well as the Global Pandemic in 2020 has made companies realize the importance of planning and
Is spending for Digital Transformation & Industry 4.0 required when the markets are not doing well? Manufacturing being one of the major industries, Economy of many countries rely on their manufacturing industry. It defines competitive edge they have from other countries in terms (employment creation, skilled labor, technology and infrastructure).