Friday, March 29, 2019

Intel Powering Industry 4.0 for Smart Manufacturing and Data-Centric Transformation

We are well along the journey to Industry 4.0 – where analytics, artificial intelligence (AI) and the internet of things (IoT) drive intelligence, decision-making and productivity. The transformative opportunities and market potential of Industry 4.0 are massive: It’s expected to create up to $3.7 trillion in value within global manufacturing. We are still in the early adoption stages, with only 30 percent of companies actively deploying IoT solutions at scale.

With the emergence of the industrial internet of things (IIoT) and AI, a new kind of cloud-connected, data-driven factory is emerging. It is not just a “smart factory,” marked by greater machine automation. It is an “intelligent factory,” defined by hyper-agility and autonomous production, where data is transforming business.