According to a new report from Automation Alley in Troy, education and collaboration are the keys to implementing Industry 4.0. // Photo courtesy of Automation Alley

Education and collaboration are the keys to implementing Industry 4.0, according to the annual Technology in Industry Report by Automation Alley, which also is introducing a new livestream technology video series.

Automation Alley, Michigans Troy-based Industry 4.0 knowledge center and the World Economic Forums Advanced Manufacturing Hub for North America, released its report Monday. The main findings of the report include:

No matter where an organization is at along their Industry 4.0 transformation journey, says Automation Alley, the recommendation from the research is to:

It is important to note that this report was produced during the worst pandemic we have seen in our lifetimes, says Tom Kelly, executive director and CEO of Automation Alley. As painful and traumatic as the coronavirus experience has been, there are many lessons to be learned from this crisis. This report touches on those lessons from an Industry 4.0 standpoint. As our economy is healing from the shock, all business owners and executives must take stock of their own preparedness and put in place initiatives to overlay a digital mindset on their physical businesses.

The report is a free benefit for Automation Alley members and $95 for non-members. It can be accessed here.

Automation Alley also is introducing Industry 4.0 in Focus: A Livestream Series. It will consist of weekly, 30-minute episodes leading up to the Integr8 Industry 4.0 conference on Nov. 10 and will focus on different Industry 4.0 technology trends, case studies, and action items from the report. Topics will include:

As smart and connected technologies rapidly transform the way we do business, Automation Alleys goal is to help keep businesses in business by equipping organizations with the necessary knowledge to leverage the intersections of advanced technologies, systems and people to gain a competitive advantage, says Kelly. The report and the Industry 4.0 in Focus livestream series can jumpstart or accelerate industry on that digital path to strategic success.

To view the reveal of the Technology in Industry Report and more information on the Industry 4.0 in Focus: A Livestream Series, visit here.

Excerpt from:

Automation Alley Report: Manufacturers Urged to Start Industry 4.0 Transformation - dbusiness.com