Solution Brochure | Oct 08, 2018 | 15.6 MB
Industry 4.0 is revolutionizing production systems and reshaping the manufacturing landscape. The introduction of cyberphysical systems (CPS), Industry 4.0, and the Industrial Internet of Things (IIoT), has opened up the possibility of mass customization across production lines. Mass customization is becoming increasingly important for the manufacturing industry because it creates the possibility of IIoT-ready and CPS-based smart production, which provides manufacturing firms with opportunities to carry out multiple production strategies. In addition, manufacturing firms can improve their competitive position by allowing them to react quicker to changing consumer demands.