Manufacturing
Article

Four Industry 4.0 Trends That Will Impact Your Business

by
Michigan Economic Development Corporation
May 19, 2021
Download PDF

Summary

The digital technologies of Industry 4.0 are helping manufacturers work smarter, optimizing all aspects of the manufacturing processes and supply chain.

The digital technologies of Industry 4.0 are helping manufacturers work smarter, optimizing all aspects of the manufacturing processes and supply chain. From product design and prototyping to production, inspection and delivery, companies are seeing real value in their Industry 4.0 investments.

Here in Michigan, the stakes are high for manufacturers to adopt Industry 4.0 technologies, as manufacturing accounts for nearly 20% of our state’s total output, employing nearly 15% of the workforce. In order for Michigan manufacturers to remain globally competitive, companies must begin to ramp up Industry 4.0 adoption. That is why Automation Alley has partnered with the Michigan Economic Development Corporation on a state-wide effort to ensure 50% of Michigan manufacturers – or 6,200 businesses – are prepared to adopt Industry 4.0 technologies at some level by 2025.

This week on the blog, we share MEDC’s recent article published in Crain’s Detroit Business titled What's Next for Michigan Manufacturers? Here Are Four Industry 4.0 Trends That Will Impact Your Business. Now is the time to act. Learn More about how Automation Alley can position your company for future success.

Michigan Economic Development Corporation
Michigan Economic Development Corporation

The Michigan Economic Development Corporation, in collaboration with more than 100 economic development partners, markets Michigan as the place to do business, assists businesses in their growth strategies, and fosters the growth of vibrant communities across the state.

Related
Become a Member