Quantifying the Value of Digital Transformation in Manufacturing
At its most basic definition, Industry 4.0 is a real-time approach to decision-making, enabled by integrated and reliable data. Industry 4.0 is built on the industrial Internet of Things (IIoT), which enables manufacturers to collect, analyze, and present real-time data and analytics in easy-to-understand and highly customizable formats. This whitepaper reviews key challenges to implementing a digital transformation initiative and proposes practical solutions.
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