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Harnessing the Power of Industry 4.0

harnessing-the-power-of-industry_report.pdf

In an era marked by rising production costs, rapidly evolving customer demands, and heightened international competition, European manufacturing is embracing the transformative wave of Industry 4.0. This ongoing revolution entails the integration of cutting-edge technologies, such as the Internet of Things (IoT), cloud computing, artificial intelligence (AI), and more, into industry operations. With 61% of companies considering Industry 4.0 as a competitive advantage, it is imperative for manufacturers to embark on this technology-driven journey to enhance efficiency and maintain competitiveness.

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