SMEs: Are you ready for the revolution?
For my previous article in The European, I put forward the question of whether Industry 4.0 will in fact be a revolution or a mere acceleration of evolution. Since then, I have spoken to more engineers leading Industry 4.0 projects around the world. In addition to this, I have personally supported New Zealand’s Callaghan Innovation team to deploy their first government-funded Industry 4.0 pilot programme, aimed at establishing what a typical SME should be doing right now and what gains can be made.
Breaking down Industry 4.0
AI will be the revolutionary component of Industry 4.0. I’ve heard many experts liken it to being where the industry was with computers in the ‘80s and the internet in the ‘90s, a great technology, yet to