Data-based decisions

Industry 4.0 is in the news and companies in every sector are becoming aware of the terminology. Its potential for improving productivity is immense. But we must remember that this concept includes dozens of very different technologies, each with different implications and results. The challenge for industrial companies is to understand the possibilities for their business in detail and draw up a plan to transform production processes step by step.

The industrial sector is the powerhouse behind a country’s growth due to its ability to enhance the competitiveness and internationalization of an economy. The driving effect that it has over other activities, the quality of the work that it generates, the constant innovation and the speed and flexibility with which it adapts to different situations make the industrial business fabric a vector for the progress and well-being of a society.

There has been a considerable amount of publicity about the advantages of cloud computing and rightly so. The advantages are clear as it removes the need to have skilled people to set up and run complex in-house computer networks and also takes away the need to invest in expensive equipment and continually reinvest to keep it up to date.