U.S, Sept. 21 -- Research conducted by Deloitte Insights has found that 86 percent of manufacturers in the US believe that smart factories will be the main driver of competition by 2025; furthermore, 83 precent believe that smart factories will transform the way products are made.
This belief in the power of smart factories is backed up by research that shows that the deployment of smart factory technologies that combine capabilities in Industrial Internet of Things (IIoT), cloud and edge computing, robotic process automation (RPA), artificial intelligence (AI) and machine learning, amongst many others, leads to significant improvements in cost, throughput, quality, safety, and revenue growth.
Company leaders thereby have a wide range of ...