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5 WAYS INDUSTRIAL AUTOMATION WILL CHANGE THE WORLD
Industrial automation is gathering pace as operational needs of enterprises are replacing their apprehensions. A fast-evolving digital landscape will dictate further innovations and, in the process, the way we envision lives and businesses. Here are five ways industrial automation is expected to change the world we live in:
Smarter Plants, Reduced OPEX, Greater Efficiency As Industry 4.0 disrupts enterprises, the essential goal for businesses is to get more for less. Industrial automation, powered by AI/ML and analytics, is forming operational frameworks, mainly through RPA and NLP. This is going to make factory floors smarter, faster, and more efficient, at a considerably lower OPEX. Another major value addition will be the standardization of processes and output.
Online Marketplaces While industrial automation is proliferating the entire industrial ecosystem (and thereby, our lives), a few industries have been more steadfast than the rest in embracing the changed status quo. Amazon has showed the way in the retail space by automating mass-scale operations and creating a brand of consumerism not seen before. Much of this can be credited to Amazon’s timely deployment of NLP-based customer services tools.