At its most basic definition, Industry 4.0 is a realtime approach to decision-making, enabled by integrated and reliable data. Industry 4.0 is built on the industrial Internet of Things (IIoT), which enables manufacturers to collect, analyze, and present realtime data and analytics in easy-to-understand and highly customizable formats.
Augmented reality (AR) is also an important part of Industry 4.0, as it brings that IIoT data to life through 3D, immersive experiences. IIoT and AR combine to create flexible, agile workforces that are redefining productivity and improving operational performance across manufacturing.
Download this PTC whitepaper to learn how to perform an in-depth ROI calculation to determine if Industry 4.0 is an effective investment for your enterprise.