Towards an Industry 4.0 future – leadership for innovation
Every day, business leaders, in partnership with the Innovative Manufacturing CRC (IMCRC), are searching for ways to embrace and invest in the advanced and digital technologies that have become closely associated with the fourth industrial revolution, or Industry 4.0.
And it is easy to see why. In the last few years new technologies such as augmented and virtual reality, automation, 3D printing, robots, and sensors have disrupted traditional manufacturing business models and rapidly expanded the potential for what manufacturers can create.
Business leaders who are part of this revolution are starting to look beyond the technology and tools of Industry 4.0. Instead, they see Industry 4.0 as about adopting a new approach to manufacturing – one that will empower them to continually improve manufacturing performance. As the pace of technology quickens and volumes of data increase, a new approach is essential to creating new value in a world that is constantly evolving and changing.