Latest Developments in Global Industry 4 0 Market

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Latest Developments in Global Industry 4 0 Market

  • ICT
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • In 2022, Panasonic Life Solutions India launched a state-of-the-art production facility in Sri City, specifically designed for the ECM industry. This industry 4.0-enabled facility aims to meet the growing demand in the country, enhancing operational efficiency and supply chain capabilities. By strengthening its presence in the Southern region, Panasonic seeks to foster market synergies, ensuring faster material delivery and improved customer satisfaction
  • In 2022, a strategic partnership between Youngstown State University and the University of Northern Iowa's National Center for Defense Manufacturing and Machining secured USD 10 million in initial funding. This collaboration aims to boost the adoption of advanced technologies by small-to-medium-sized businesses, strengthening critical areas of the defense manufacturing supply chain while creating new job opportunities. Through this initiative, the alliance will assist hundreds of companies annually in overcoming barriers to industry 4.0 technology, speeding up the production of high-quality components and enhancing the overall supply chain
  • In February 2021, Software AG and SAP SE formed a partnership to integrate SAP's S/4HANA Cloud with Software AG’s TrendMiner analytics platform. This collaboration aims to bring sensor-generated data into advanced analytics, enhancing real-time insights for companies adopting industry 4.0 technologies. The alliance offers businesses an efficient solution to leverage data for improved decision-making and operational efficiency in their digital transformation efforts
  • In February 2021, ABB Ltd. introduced GoFa, a collaborative robot designed to assist workers with ergonomically demanding and repetitive tasks. This launch addresses the rising need for robots that can handle heavier payloads, improving workplace flexibility. GoFa is aimed at enhancing productivity by streamlining tasks and providing greater support in various industrial settings
  • In March 2020, Cisco Systems Inc. and Microsoft Corporation teamed up to enable seamless data orchestration between Cisco IoT Edge and Azure IoT Cloud. This collaboration offers customers a pre-integrated IoT edge-to-cloud solution, facilitating smooth data flow across the IoT edge. The partnership aims to streamline IoT deployments, providing businesses with enhanced connectivity and more efficient management of their IoT ecosystems

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