Sector report: Industry
It is nearly impossible to talk about innovation in the industrial sector today without hearing buzzwords such as “Industry 4.0”, the “fourth industrial revolution” or the “Industrial Internet of Things”. These terms are used to describe a major shift that has been taking place in the sector in recent years. The underlying aim of this transformation is to marry digital information technology with manufacturing. This fusion purports to create more efficiencies, leveraging emerging technologies such as artificial intelligence (AI), big…