Why Only 1% of Digital Transformation Efforts Exceed Expectations

Digital Transformation

According to World Economic Forum, “over $1.2 trillion will be spent by companies worldwide on their digital transformation efforts and yet analysis suggests that only 1% of these efforts will actually achieve or exceed their expectations”. Despite the initial digitization hype, most manufacturing executives hesitate to adopt a digital transformation roadmap, and only a few […]

Industry 4.0 Transformation: 3 Ideas More Important than Budget

Industry 4.0 Thought Leader

“Thinking that 2030 or 2050 is far in the future and doing nothing is the biggest risk” When Akio Toyoda speaks, the world of manufacturing pauses to listen. An exemplary figure, a true visionary, and a worthy successor to a line of superbly successful innovators, Toyoda defines the term thought leader. What makes him special? […]

Smart Factory: Will operators become obsolete?

Smart Factory

With increasing automation, factory operators continue to see their roles in the production process evolve, and adapt. Over the past several decades, continuous advancements in human knowledge, multidisciplinary engineering, and applied technology have radically transformed the way people work, interact and think. Machines have become an integral part of our lives: a fact that’s crystal-clear […]