Leonardo da Vinci’s genius was both visionary and practical, and that’s just the combination that manufacturers need in the 21st century: the ability to combine end-to-end efficiency with imaginative new ways to serve customers by making the right product at the right time for the right cost. It’s safe to say that, were Da Vinci alive now, he would be eager to make the most of IoT, Big Data, Artificial Intelligence (AI) and machine learning. He would be a pioneer of Industry 4.0.
Manufacturers have always been at the forefront of technological change. Making things is the core element in any industrial revolution. It’s how productivity and innovation are generated. That, in turn, generates wealth which can then be invested into even further innovation and productivity gains. Steam, electricity, mass production and robotics, were pioneered in the factories of the past. In today’s factories it’s digital technologies like AI, machine learning, advanced robotics and IoT which are forging new methods and business models.
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