Interconnectivity, digitalisation and automation, as manufacturing enterprises leverage emerging technologies in these fields the demand for industry 4.0 services continues to grow.
“Industry 4.0 is the latest phase in the industrial revolution, characterised by advanced themes of interconnectivity, digitalisation, and automation, and made possible through technological developments in multiple fields, including Internet of Things (IoT), additive manufacturing, cloud computing, edge computing, analytics, robotics, cybersecurity, artificial intelligence (AI) and machine learning (ML),” commented Everest Group.