Innovation was predominantly confined to product manufacturing and technological aspects, but has been on the rise since projects are being more complex and competitive. Innovation is a vital entity for growth and revenue, with increased productivity.
Technology has transformed manufacturing process and promises to do more what with advances in Artificial Intelligence, IoT, ML and more. Here's how we think the progress will pan out:
Manufacturing units have come a long way from how they used to be. Marked by advanced AI-run machinery, the manufacturing industry has reaped several benefits from the onset of Industry 4.0. Here’s a look at what Industry 4.0 entails and the way it has impacted the manufacturing industry