Industry 4.0 and Collaboration - Market InBrief - Worldwide

The Internet of Things (IoT) is particularly challenging for manufacturers and suppliers, forcing them to extend existing and new products through digital technology in order to find new ways of providing customers with innovative services. In the manufacturing context, PAC refers to the Internet of Things as ‘Industry 4.0’ or ‘Smart Products’. The goal of Industry 4.0 and Smart Products is to add intelligence to machinery, articles of daily use, utensils and tools in order to create smart...

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