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With over 200 years of history, manufacturing has always been affected by technological developments and shifts throughout its existence. From the first industrial revolution to the introduction of the first computers half a century ago, manufacturing had to adapt.
Smart factories use these 9 technologies to navigate industry 4.0
The fourth industrial revolution, also known as Industry 4.0 is here to stay. Digital Transformation is no longer a buzzword in manufacturing, but a necessity for those who want to survive. It’s understandable since the technologies allowing for this kind of innovation are more accessible than ever and the results after implementation speak for themselves (They only take a few months to be visible, not years).
This is what you need for a winning digital transformation in manufacturing (Not just technology)
You know how they say that two heads are better than one? The same goes in business. Finding a partner that you can create synergy with is one of the most powerful tactics you can choose to grow your business. By finding the right person, persons or even companies you can cut costs, increase production, access expertise and intellectual property and enter new markets.
Joint Venture vs Partnership – Which one is for you?