Industry 4.0

How the Fourth Industrial Revolution is Transforming Manufacturing? The Fourth Industrial Revolution (Industry 4.0) is transforming manufacturing worldwide. The rise of digital technologies such as artificial intelligence, robotics, and the internet of things marks this new era of the industrial revolution. As these technologies become more prevalent in manufacturing operations, they are changing how products …

What is a Balance Score Card? The Balance Score Card (BSC) is an effective strategy for optimising people, processes, and technology within businesses of any size. It helps companies measure their performance and progress across four key components: financials, customer relationships, internal processes, and learning & growth. A BSC can help organisations unlock new opportunities …

So what is Smart Manufacturing anyway? We adopt the definition from MESA International: “Smart manufacturing is the intelligent, real-time orchestration and synchronisation of business, physical and digital processes within factories and across the entire value chain. Resources and processes are automated, integrated, monitored and continuously evaluated based on all available information as close to real-time …

As we enter into a new decade, it’s important to reflect on the changes that have taken place in recent years and how they have affected the business landscape. Two major phenomena that have emerged in recent years are “servitisation” and “Industry 4.0”, and both have had a major impact on product firms, not only …

Telecoms companies are facing something of a crisis right now. They may provide the essential backbone for digital services that businesses and consumers rely on. However, their business model has come under attack by both tech enterprises and disruptive startups, all offering new and, in many cases, cheaper ways for us to communicate and keep …