Smart factories are set to become a revolutionary force of the manufacturing industry and provide a massive boost to the global economy, according to a new report by multinational information technology consulting company, Capgemini.
Smart factories are set to improve productivity and labor cost hugely over the next 5 years – image courtesy of APS. The report found that smart factories could add anywhere between $500bn (£377bn) to $1.5tr (£1.13tr) in value to the global economy in five years. The expected direct benefits to manufacturers…
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