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The winners of Industry 4.0

The winners of Industry 4.0

Written by David

August 22, 2019

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If you are a mechanical engineer, parts manufacturer or technology specialist in the engineering industry, you know that right now is an exciting time for business. Unique opportunities abound in this current manufacturing generation, but there are also threats.

 

The winners of industry 4.0 will grow profits during this time while they deflect dangerous risks.

 

The Pre-industrial Revolution was the birth of manufacturing. Skilled workers manually created parts. The work was tedious, and the output was low and slow.

 

In the First Industrial Revolution , the meatpacking industry began to use assembly lines. Workers would operate pulleys carrying the fresh meat from one station to another. Each worker would follow through with their specific duties.

 

During the Second Industrial Revolution, electricity was harnessed to the fullest extent shortly after it was discovered in the late 1870s. Right […]

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