Areas of Industry
Which area will get benfitted due to Industry 4.0?
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Areas of Industry
Murali
Several areas will get benefited. It is the complete ecosystem that will be benefited.
Software development, networking, cyber-security
Electrical, electronics and production facilities by optimizing their usage
Customers by getting customized, on-time, and quality products and services for lesser cost
Vendors by knowing when the next supply is needed, based on the real-time data and the projections
Shareholders by getting better returns
Management by way of accomplishing a smarter, leaner, efficient factory, with improved customer satisfaction and access to new markets
These are not limited only to manufacturing companies (automotive, construction materials, consumer durables, pharmaceutical, etc.), but also to other sectors such as:
Healthcare
Retail (Supply Chain)
Etc.
Anant Gijare
Incorporation if Industry 4.0 fundamentals will be beneficial to various sectors i.e.
– Manufacturing (most)
-Automotive
– Health Care
– Pharma
– Chemical
– Utilities (Energy, Gas, Oil, Water Sector)
– Metals
– Logistics
– Shipping
– Mining
– Ports
– Real Estate
Etc.
strode38
I would think that the automotive industry will recognize the benefits sooner than most since they seem to be further along with the automation needed at the core of this. However I feel that all manufacturing can benefit from this depending on their commitment to following through on what is needed.
Julia Kniga
automotive sector will benefit most