US, Jan. 20 -- Examining the extent in which manufacturers are leveraging industry 4.0, the MPI 2020 Industry 4.0 study titled 'Industry 4.0 drives agility and productivity in manufacturing' is the latest edition since the study began in 2016.
As the number of manufacturers embedding intelligence and/or smart devices into their operations, connecting them to the enterprise and supply chain, and offering new products that incorporate these technologies, the study states that "the changes over time are clear: leaders recognise that their firms must digitise now - or become vulnerable to competition."
Since starting in 2016, the 2020 study reports that the increased implementation of Industry 4.0 technologies and best practices have resulte...