Germany, one of the developed countries with a developed economy. It is definitely on the rise for Smart factories and must be better in a position compared to the rest of the world. But do you think so? Is Germany able to satisfy the position? As per a survey by Staufen, in 2019, the following survey results was observed:- The situation clearly shows that majority … Continue reading What is the situation of the Smart factory in Germany?

As per a survey result by Tech Navio and Deloitte, the revenue generated by the Internet of Things in Germany from 2016 till 2020 is in billion Euros. The revenue generated in 2020 was expected to be around 50.1 billion Euros. The number is remarkably high as compared to 2018. The demand for smart factories definitely needs IoT devices a lot in Germany. As per … Continue reading What is the current market scenario of the Internet of things?

The present market scenario shows different countries’ situations in smart factories. In some countries, smart factories are already implemented whereas some companies are planning the transformation. The survey result by Capgemini shows that in France and Germany, the smart factory is in a higher proportion compared to the companies in the planning stage of the smart factory in automotive industries. However, in China and Italy, … Continue reading Which countries are already Smart factories in the automotive industries?

In Germany, around 2.62 billion Euros have been invested till 2020 for Industry 4.0 in the different industrial sectors. (Bitkom). More than 39% are interested in investing in products in Industry 4.0. The following survey by Bitkom, Fraunhofer IAO, shows the growth rate of certain industries in Industry 4.0 until 2025. The growth rate can be seen as higher in machine engineering industries compared to … Continue reading What is the scenario of Industry 4.0 in Germany?

Smart factory or Industry 4.0 is a unique transformation process being experienced across the world and in different industrial units. The selected industries across the world are mainly going through the transformation process. Indeed, industrial manufacturing units or Automation industries are the primary areas that need such transformation across the world. Every transformation of industries needs some strategic analysis before going through the complete process. … Continue reading Do you know the industries selected for smart factory processes across the world?

The race of making every factory digitalized connected to communicate automatically is on the rise. The factory will be called a smart factory. It is on-demand. Not just in Germany but across the world. Big tech companies like Amazon were handling the inventory or the factory outlet need to be digitally advance. So, that the customer gets the best-in-class performance. The e-commerce big giants even … Continue reading What is the situation of the Smart Factory internationally?

As we know the demand is high for IoT, but what about the revenues? Are they generating enough for the devices to make their mark in the market? Are the IoT devices good enough to have a foothold in North America. The survey result by GSMA and Statista states that the IoT is generating higher revenues in the applications, platforms or services quite more and … Continue reading What is the scenario of IoT in North America?

As we know the demand is high for IoT, but what about the revenues? Are they generating enough for the devices to make their mark in the market? Are the IoT devices good enough to have a foothold in North America? The survey result by GSMA and Statista states that the Internet of Things is generating higher revenues in the applications, platforms. Or services quite … Continue reading What positive scenario IoT portray in North America?

The IoT technologies booming, but are they needed? It is something a nightmare for every manufacturer or an innovator. The ideas booming in the mind of the innovators. Or the engineering always circulates with the scary thoughts and nightmares. Is it going to sustain in the market for a longer time? Will it become a pioneer to launched in the market? And it is not … Continue reading Do you know how many devices are IoT connected?

Industry 4.0 technologies are the recent waves. Even before we hit Industry 5.0. Even though the current scenario shows that big tech companies have been considered as a global threat in terms of competition. But technologies are something ruling the world. Whoever knows their fundamentals strongly, can create and become the master of the ruler of that market domain. Technologies have not only given tough … Continue reading Which are the top 10 Industry 4.0 technologies expected to have a great impact on organization?