In the last few centuries, the world has experienced three industrial revolutions that have shaped our industrial processes. In the first industrial revolution, labor-centric production processes were mechanized through the use of water and steam power. The second was driven by moving assembly lines and mass production driven by electricity. The third was driven by electronics and the application of information technology and increased automated production.
The fourth revolution sees technology embed itself further in society with digital technological advances connecting all the major stakeholders in the core manufacturing activities. What is fourth revolution or Industry 4.0? When somebody says they have Industry 4.0 solutions, ask them whether their solutions have the following four characteristics: smart technology, business outcome, scope, and mass customization, All the above four fundamentals come together in our Digital OneManufacturing framework.
Register now for immediate access of HFS' research, data and forward looking trends.
Get StartedIf you don't have an account, Register here |
With the exception of our Horizons reports, most of our research is available for free on our website. Sign up for a free account and start realizing the power of insights now.
Our premium subscription gives enterprise clients access to our complete library of proprietary research, direct access to our industry analysts, and other benefits.
Contact us at [email protected] for more information on premium access.
If you are looking for help getting in touch with someone from HFS, please click the chat button to the bottom right of your screen to start a conversation with a member of our team.