Jan 7, 2022
What is the smart factory? The impact of factory 4.0 on manufacturing
Posted by Shubham Ghosh Roy in categories: business, information science, internet, neuroscience, security
Smart factories will be very useful in metaverse.workers can operated machines in factories using Internet.
As the idea of interconnected and intelligent manufacturing is gaining ground, competing in the world of Industry 4.0 can be challenging if you’re not on the very cusp of innovation.
Seeing the growing economic impact of IIoT around the globe, many professionals and investors have been asking themselves if the industry is on the verge of a technological revolution. But judging from the numbers and predictions, there is tangible and concrete evidence that the idea of smart manufacturing has already burst into corporate consciousness. According to IDC, global spending on the Internet of Things in 2020 is projected to top $840 billion if it maintains the 12.6% year-over-year compound annual growth rate. There is no doubt that a huge part of this expenditure will be devoted to the introduction of IoT into all types of industry, especially including manufacturing.
Continue reading “What is the smart factory? The impact of factory 4.0 on manufacturing” »