Industry 4.0 discussions are happening every day across industries. Some organizations are opting to roll out existing and emerging technologies in the hopes that they will see boosts to their ROI that justify the initial outlay, while others are taking a “wait and see” approach. It’s our strong opinion that spending what you can now to lay a solid foundation of Industry 4.0 technology is worth the investment, as long as you go about it strategically and intelligently. There are several aspects of this discussion that are key to remember when looking for facts to justify this spending. First, the infrastructure work can benefit all departments, which supports their ability to work efficiently and effectively. Second, this spending is about mitigating the cost of poor quality when it comes to your product or service. 

What Is Downtime Costing You?

Industry estimates suggest that anywhere from ...  >>