What are the opportunities for creating new business models based on circular economy principles and Industry 4.0?

Digitalization is transforming the industrial process once more. By taking advantage of this rise in automation, sensorics, data exchange and analytics in real ... A set of standards coming out of Germany that define the processes and procedures used in implementing IOT in manufacturing. Sep 22, 2015 ... This new, digital industrial revolution holds the promise of increased flexibility in manufacturing, mass customisation, increased speed, better quality and ... The Maryland Manufacturing 4.0 grant program provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0-related technologies. Industry 4.0 refers to the fourth industrial revolution and the cyber-physical transformation of manufacturing. The name is inspired by Germany's Industrie 4.0, ... Jul 18, 2022 ... The main objectives of Industry 4.0 are to make manufacturing and related industries faster, more efficient, and more customer-centric while ... IoT eliminates the requirement of manual documentation during manufacturing. It reduces the risk of expenditure due to mismanagement in an organization. In ... Jul 13, 2022 ... In this study, we focus our discussion on the reskilling and upskilling of the future-ready workforce in the era of Industry 4.0 and beyond. Supported by Macomb County's Department of Planning and Economic Development (MCPED), Macomb Next helps local businesses move into the 21st century's digital ... The Industry 4.0 revolution is putting Airbus on the path towards full digital transformation across our entire product lifecycle.