Search results for: 'industry 4.0\'

15 Sep 2015  |  Global  |  Market Research

Industry 4.0 Business Ecosystem - Decoding the New Normal

Demystifying the Emerging Industrial Paradigm and Evolving Business Cases for the Future of Manufacturing

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With the advent of Industry 4.0 and the dawn of the Digital Enterprise, fundamental transformations are set to disrupt the competitor landscape. This impending change will be aligned with the growing end-user need for reducing costs, expanding innovation, and maximizing productivity. The result will be a grand ecosystem of companies spread across i...

Advanced robotics and autonomous systems (RAS) are rapidly transforming industrial operations by integrating adaptability, intelligence, and precision into core processes across various sectors, including healthcare, manufacturing, automotive, and agriculture. Continuous advancements in hardware and AI-based decision-making are reshaping the capabi...

07 Feb 2020  |  North America  |  Market Research

Industry 4.0—Adoption Index

Where are the End Users?

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While several manufacturing enterprises are still struggling to understand what Industry 4.0 implementation really means to them, the benefits that Industry 4.0 promises to deliver are too hard to ignore. Globally, several strategic initiatives that can guide manufacturers to successfully manage their digital transformation journey are underway. Se...

Industry 4.0 is enabling smart factories by configuring cyber-physical (Internet-connected) systems coupled with artificial intelligence (AI) to leverage the Industrial Internet of Things (IIoT) for seamless machine-to-machine communication, data transfer, and advanced automation of processes throughout the manufacturing value chain. The opportunit...

30 Jun 2022  |  Global  |  Market Research

Global Industry 4.0 Metrology Growth Opportunities

Emphasis on Quality Paving the Way for Advances in Metrology Solutions

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The study examines how the increased adoption of Industry 4.0 metrology solutions emphasizes industry demand for quality. It outlines factors driving and restraining the adoption of advanced metrology solutions across various industries and their impact throughout the forecast period. Despite the pandemic adversely impacting industry growth, organi...

13 May 2025  |  Global  |  Technology Research

Technological Advances in Edge AI Transforming Industry 4.0

Data Privacy and Low-cost Optimization are Driving Growth

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Edge AI has seen significant growth in recent years due to the growing demand for AI-enabled solutions in various sectors, including automotive, defense, aerospace, consumer electronics, manufacturing, and energy. It can be used in a wide range of applications at various levels and is a key contributor to the adoption of Industry 4.0-based automati...

The impact of the convergence of Information Technology (IT) and Operational Technology (OT) has been tremendous in recent times. Benefits of this convergence can be seen even in traditional markets (e.g., mechanical testing). The world is staring at an economic mess propelled by the catastrophic outbreak of COVID-19. In 2020, the demand for digita...

In 2024, a new multipolar world will emerge, reshaped by digital industries that have become mainstream following the 2020 COVID-19 pandemic. This shift signals an accelerated push toward digitalization, unveiling eight novel growth opportunities in digital industries, each marking a significant step in industry progress and offering vast potential...

18 Sep 2020  |  Global  |  Market Research

Value-added Services Backed by Industry 4.0 to Propel the Global Oil & Gas Refinery MRO Services Market, 2020–2024

Leveraging Cloud, Big Data and Analytics will Improve Accessibility for Customers and Enable MRO Service Providers to Generate New Revenue Streams

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Maintenance, repair and overhaul (MRO) services catering to the oil & gas refinery market will be adversely impacted by the Coronavirus 2019 (COVID-19) induced economics slump, alongside the oversupply of oil and lack of storage capacities 2016 to 2024 (the study period of this research). This market is currently (2019) valued at $15.40 billion and...