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industry 40 News

Q&A: Impact of automation & digitalization on the workforce Special

The increasing automation and digitalisation of manual processes is having significant implication on the workforce, according to Tim Bisley of Lloyd’s Register. He provides some key examples for the energy sector.

Assessing the digital transformation maturity of businesses

Infosys has released a new report today revealing the digital transformation maturity of businesses in 2018, and what it takes to navigate the next stage of their journey. The report shows that some firms have much to do in order to progress.

Advanced manufacturing trends for 2019

What's next for Industry 4.0 and advanced manufacturing? A new report considers the main trends, which include the use of smaller and more powerful robots and more proactive analytics.

Pharma sector embraces industry 4.0

The medical and pharmaceutical sectors are facing disruption from companies that occupy space traditionally outside of healthcare. These are companies like Apple and Google, plus an array of startups. What does this mean for the healthcare landscape?

Pharmaceutical sector embracing Industry 4.0

A number of pharmaceutical companies are embracing connected technology with a bid to improve efficiencies and to reduce costs. This digital transformation of the sector includes smart factories and connected plants.

Digital technologies could unlock billions for construction

Construction companies can unlock billions in value throughout the next ten years by turning more readily to digital technologies, according to a new report from Accenture.

Three transformative energy applications for Industry 4.0

The fourth industrial revolution requires new technologies and a robust infrastructure. These also need powering. There is an array of energy related innovations coming through; we look at three of these.

Tenfold investment boom in digital transformation of energy firms

Investments in AI and big data within the energy sector are up tenfold over last year, according to a new report assessing technology's impact on the industry. Despite being constrained by their scale, energy companies are starting to digitally transform.

Microsoft says ‘don’t fear digital transformation’

London - A new study by Microsoft has found many businesses are still reluctant to start or complete the digital transformation process due to concerns about failure. This is despite the considerable benefits of ‘going digital’.

Companies likely to fail if they miss digital transformation

54 percent of digital leaders believe their companies will fail if they don't achieve digital transformation at the same time as their industry rivals. Over 80 percent of businesses could be left behind as technology comes to define modern commerce.

New recommendations for implementing industry 4.0

Karlsruhe - Does the Internet of things, artificial intelligence, networked production, and so on mean that industry is the precipice of a new era? Yes, according to the Karlsruhe Institute of Technology and it’s time for companies to accept this.
 

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