Organizations Must Embrace Industry 4.0 or Risk Becoming Obsolete

ROMAN MÜLLER-ALBRECHT AND TERRY VEITCH, MEMBERS OF NGS GLOBAL'S INDUSTRIAL PRACTICE GROUP (august 2016)

Many people refer to Industry 4.0 as the new Industrial Revolution and experts theorize that industry has been strengthened by the rise of digital technology, which has allowed for more efficient production, streamlined procurement, and faster distribution of goods. In this article, we look at what effect technology is having on the industrial sector and what leaders are doing to adapt and remain competitive.

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