Just a few decades ago, technological skills were limited to information technology departments. In today’s tech-saturated world, however, these skills are necessary for virtually all employees. To fill internal skill gaps and ensure employees are up to speed on ever-changing technical knowledge, forward-thinking CEOs look toward continuous re-skilling and training programs. According to World Economic …
Manufacturing is no longer simply about making physical products. Changes in consumer demand, the nature of products, the economics of production, and the economics of the supply chain have led to a fundamental shift in the way companies do business. Customers demand personalization and customization as the line between consumer and creator continue to blur. …
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What’s next for Industry 4.0 and advanced manufacturing? What are the manufacturing trends of the future? This article considers the main trends, which include the use of smaller and more powerful robots and other areas. 1. Additive Manufacturing Advancements in additive manufacturing can help companies reduce energy costs, limit waste, and boost production. Plus, these …
It’s possible we have an education system that is trying to force humans to compete with machines. Consider mathematics. The math genius and a computer can calculate the same amount of data. The result can be the same, but I am pretty sure that the machine would be faster. Another example is chess. The best …
How big is the Industry 4.0? Although the phrase seems vast, it can be defined. It is various technology innovations which can make your job easier and more comfortable. Bellow, you can find use cases that emphasize each of the 9 pillars of Industry 4.0. Managing Supply Chain Risk / Big Data One manufacturer is using …
In 5 to 10 years two-thirds of the manufacturing workforce will be over the age of 55 and approaching retirement. While this could create a shortage of skilled workers in a number of fields including electric utilities, telecommunications, and manufacturing, augmented reality (AR) is poised not only to address issues faced by our aging workforce …
Industrial manufacturers are one of the top adopters of Augmented Reality and immersive media in general. From asset design to instruction manuals, asset-intensive industries are implementing augmented reality experiences to provide immersive experiences for employees and customers. Going from Text-based Instructions to Manuals 4.0 A user guide or user’s guide, also commonly known as a …
The knowledge gap created in the wake of Baby Boomers exiting the workplace can be vast. Companies that don’t plan for generational management shifts risk falling behind and losing out to their competitors. Now more than ever, it’s essential to have a succession plan, a process for identifying and developing new leaders who can replace …
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According to TechNavio, the smart glass market is still at its very early stages. The market is expected to grow at a CAGR of 141% and reach US$26.7 billion by 2020. At the moment, the majority of smartglasses users are not private individuals. They are, instead, companies. According to the report, enterprise applications account for 97% of the …
Bellow, you will find a few selected examples of Industry 4.0. Hopefully, with this, you’ll be able to see how much the world will change as it gets more connected. Logistics Logistics 4.0 and Supply Chain Management 4.0 or smart supply chain management concern the various aspects of end-to-end logistics and supply chain management in …
