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INDUSTRY 4.0 - CURRENT PERSPECTIVES & FUTURE OPPORTUNITIES

 Global industry is rapidly shifting towards implementation of advanced technology in wake of fourth industrial revolution (i.e., Industry 4.0). Industrial sector which comprises of chemicals & materials, automotive & transportation, healthcare, aerospace & defence and information & telecommunication among others are witnessing exponential growth. Technology modernization and disruption is being carried out in many countries which effectively transforms the industrial ecosystem comprising of production, management, and governance. While many organizations may still deny about the impact of Fourth Industrial Revolution on their business, several others are implementing changes and preparing for a future where machine escalating their business smart.

Pukka Partners offer a comprehensive study which is focused on the impact of transition to 4.0 Industrial Revolution. The study emphasises upon providing insights on the anticipated shift in terms of infrastructure, industry ecosystem, operational efficiency and competitiveness. Additionally, the Fourth Industrial Revolution is projected to enhance business operations by incorporating modern technologies, such as, robotics, augmented reality, IOT and artificial intelligent. These technological advancements might be integrated seamlessly in the entire value chain to support operational growth and improvement. The operational changes of Industry 4.0 on certain industries may very well be supported by huge volume of data that provides monitoring and controlling features to the particular operation. To explain simply, Industry 4.0 is revolutionizing the manufacturing business ecosystem by using advanced tools, such as, the Internet of Things (IoT), to connect all the equipment and machineries through internet and allowing them to communicate for command and control purposes. The intelligent network of various systems connected through the internet includes all devices and equipment, such as sensors, smartphones, and wearable computers, among others which are located across different network.

Read More :- https://www.pukkapartners.com/insight/industry-40-current-perspectives-future-opportunities

The report covering Industry 4.0 & related technologies offered by Pukka Partners provide emphasis upon various growth parameters, technological developments undertaken by key industry players as well as start-ups, government policies, and wide range of opportunities offered by digitisation of manufacturing activities across globe. The study demystifies whole area of Industry 4.0 by elaborating the competitive applications in various industrial sectors.  Additionally, the effects of COVID-19 and relative factors that propel the industrial adoption of digitisation is also covered in detail within the scope of this study.

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 engage@pukkapartners.com
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