This article will discuss:

• The importance of digital twins in achieving the digital transformation needed to implement Industrie 4.0 business models
• How the digital twin supports data analytics and Industrie 4.0 growth across the industrial sector
• How the digital twin enables optimized...

This article will discuss:

• How the digital transformation that comes with Industrie 4.0 leads to revenue growth
• The opportunities for revenue growth Industrie 4.0 offers through value-based services
• How OEMs and factory owners can leverage Industrie 4.0 to improve revenue-generation processes

The increased edge computing rate is simplifying industrial processes in new ways but the data sets edge devices capture sometimes require larger repositories for more insight into industrial automation processes. This is where a juxtaposition of edge and cloud computing is required to collect,...

Across the globe, enterprises continue to increase their productivity levels and revenue projections by leveraging cloud computing and the digitalization it brings. Analyses of these enterprises show that businesses within manufacturing-related industries or settings see the cloud as a valuable...

Statistics show that 98% of enterprises intend to pursue a digital-first approach to optimize their business processes. This, alone, makes a case for the widespread acceptance of digital transformation. But digital transformation comes in different forms. For some, the integration of cloud...

At the beginning of each year, tech observers pen down the trends expected to define industrial endeavors for the entire year for enterprises. These trends have become a New Year resolution landmark of sorts as enterprises rely on them to create strategies and implementation timelines to drive...

Everyone in the industrial manufacturing community has heard stories about downtime. But for those who have lived it, statistics such as one hour of downtime cost manufacturers up to $260,000 per hour or two million dollars in 4 hours do not tell the entire story. Aside from monetary losses, the...

As manufacturers struggle to fill available jobs, the future of manufacturing is balanced on a knife-edge. On one hand, the integration of new concepts and equipment has the potential to optimize production. On the other hand, the available baby-boomer workforce is aging and the next generation...

The majority of industries rely on the availability of spare parts and components to avoid production and process-related downtimes. The manufacturing, aerospace, automotive, and discrete manufacturing industries are examples, which is why component manufacturing is an integral part of every...