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Manufacturing News, December 2019

MANUFACTURING

 Smart factories could boost the global economy by at least $1.5tn over the next five years, so long as manufacturers can adopt the technologies necessary for the transformation.

Adoption of artificial intelligence (AI) and Internet of Things (IoT) can unlock trillions in revenue for firms across the world according to a report by the Capgemini Research Institute – but the majority of manufacturers planning to invest in the technologies are still struggling to scale-up their operations.

 https://www.themanufacturer.com/articles/smart-factories-could-add-1-5tn-to-world-economy/