Integrating technologies for further growth
The Fourth Industrial Revolution is currently underway and it is transforming the way that products are manufactured, used, maintained as well as the organisations themselves. By integrating digital information from various sources, real-time access to data will be made available. This real-time data can be shared through a series of phases: physical-to-digital-to-physical (PDP) loop. Several technologies (digital and physical) are needed such as analytics, additive manufacturing, artificial intelligence, augmented reality and robotics. Industry 4.0 does not only focus on the technologies which are needed for this change but also in the way that these technologies will work together to support new growth in organisations. To keep up with these rapid changes in technologies companies just learn how to adapt, learn from past experiences and see this change as an opportunity for growth.