Manufacturers, is your business prepared for 2020 and beyond?
It’s no secret that the manufacturing industry is changing at a rapid pace. In fact, it has always been that way – dating back to Industry 1.0 in the late 1700s where the introduction of steam changed the way business was done and created massive productivity gains. Then, Industry 2.0 used electricity to standardize production and Industry 3.0 introduced automation and mass customization. It seems change has been the only constant in manufacturing for hundreds of years, but this new era – Industry 4.0 – is different in many ways.