Industry 4.0 is Broken! (Here’s the Fix)
We all know the promise of Industry 4.0: increasing interconnectivity and smart automation was supposed to drive a revolution in the efficiency of complex industrial processes – especially companies involved in manufacturing and supply chain.
Unfortunately, the reality has not matched the promise. Most data generated from Internet of Things (IoT) devices and sensors is still not being used to drive valuable actions in real time. And rapid advances in artificial intelligence (AI) have barely made it out of the innovation labs into systems at scale.
Join Gaute Engbakk, President of edge computing platform company Pratexo AS, and Nick Dedekian, CEO of manufacturing-focused solutions developer and systems integrator Industry Corps.0 as they discuss the real-world solutions to these challenges, including the use of edge computing to finally unlock the full value of AI and IoT in industrial settings.