Known as the “Fourth Industrial Revolution”, the term Industry 4.0 is an embodiment of innovative technologies that are spearheading the computerisation of manufacturing. This revolutionary digitisation has already taken European industries by storm, with German manufacturers expected to make a staggering yearly investment of $150 billion to integrate Industry 4.0 frameworks into their existing business operations and practices.
The benefits of Industry 4.0 span across several areas such as cost, productivity, profitability and operations that manufacturers are actively seeking to control, streamline, optimise or enhance. The onset of Industry 4.0 and IoT (Internet of Things) will be followed by a complete digitisation of factories and manufacturing units that, in response to the unique needs of individual customers, will merge elements such as customised product design, manufacturing processes and final delivery to maximise customer satisfaction levels.
Key topics to be discussed in the Manufacturing Indaba conference relating to Industry 4.0 include:
- A role of Industry 4.0: A framework to accelerate change
- A new approach to Manufacturing innovation: Robotics and the future of African manufacturing
- Improving efficiency and productivity in manufacturing through intelligent automation
- Cybersecurity and industrial Automation: The risks for manufacturers
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