Just how committed are companies to Industry 4.0?

According to PWC’s 2016 Global Industry 4.0 Survey, companies are planning to invest $907 billion (5% of revenues) through 2020 in digital technologies, including sensors and connectivity devices as well as software and hardware to control and monitor work. As machines, robots, and Artificial Intelligence (AI) increasingly find their way to the factory floor, some believe that ‘lights-out’ manufacturing (where a factory is fully automated and human presence is not required) will soon be the norm.

Read the full article