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Designing and operating conventional simulation and digital twin models is a time-consuming process that includes the following steps: Dragging and dropping objects from pre-built libraries Defining the operational behavior of each object according to its...
Read MoreIndustry 4.0 is causing a convergence of manufacturing processes and software in the industrial sector. This convergence is expected to provide manufacturing enterprises with the tools to implement diverse Industry 4.0 business models including condition...
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Read MoreImplementing digital transformation processes within the manufacturing industry has been an ongoing process for approximately three decades. First, manufacturers utilized digitization to collect data for storage purposes before moving on to more complex applications. Optimizing...
Read MoreThe widespread adoption of Industry 4.0 business concepts shows that the future of business operations is automation. Robotic Process Automation (RPA) borrows a leaf from the automation playbook of Industry 4.0 because it involves the...
Read MoreThere’s nothing certain but the uncertain. This ancient proverb coined the events that happened in 2020 and its effects which continue to spill over till this day. In manufacturing, a pandemic, drastic change to decades-old...
Read MoreDuring the financial crisis of 2009, the United States’ largest automobile manufacturer, General Motors, filed for bankruptcy. According to the Harvard Business Review, the reasons gives included making cars no one wanted, slowness to innovate,...
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