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Buyer beware: caution required in Industry 4.0 investments

The smart, connected factory remains greatly appealing for automakers and suppliers, and could prove essential for post-COVID manufacturing. However, companies must tread with care when making investments. By Xavier Boucherat

Cheaper sensors, improved artificial intelligence (AI) and better software and connectivity have the potential to make factories, their contents and their outputs more visible than ever to manufacturers. This is especially true for automakers and suppliers, which run very lean operations. However, the adoption of Industry 4.0 manufacturing technology remains in its early stages, and is not necessarily straightforward.

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https://www.automotiveworld.com/articles/buyer-beware-caution-required-in-industry-4-0-investments/

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