Industry News

THE IMPACT OF INDUSTRY 4.0 ON MANUFACTURERS

Hosted in Johannesburg, South Africa, the trade and industry hub of Sub-Saharan Africa’s escalating economic prowess, the Manufacturing Indaba 2018 will be set amidst the exciting backdrop of Industry 4.0 which aims to open a gateway of opportunities for existing and prospective manufacturers in the region.

Known as the “Fourth Industrial Revolution”, the term Industry 4.0 is an embodiment of innovative technologies that are spearheading the computerisation of manufacturing. This revolutionary digitisation has already taken European industries by storm, with German manufacturers expected to make a staggering yearly investment of $150 billion to integrate Industry 4.0 frameworks into their existing business operations and practices.

The benefits of Industry 4.0 span across several areas such as cost, productivity, profitability and operations that manufacturers are actively seeking to control, streamline, optimise or enhance. The onset of Industry 4.0 and IoT (Internet of Things) will be followed by a complete digitisation of factories and manufacturing units that, in response to the unique needs of individual customers, will merge elements such as customised product design, manufacturing processes and final delivery to maximise customer satisfaction levels…

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This year’s Manufacturing Indaba aims to collectively introduce and infiltrate Industry 4.0 and IoT principles into Sub-Saharan Africa’s promising manufacturing industry. By connecting conference delegates with influential speakers who have expert knowledge on this subject matter, the conference will allow participants to get a taste of
the exciting developments in this arena. The 2-day Conference includes a diverse programme but will have a strong focus on IoT and Industry 4.0.

In addition, Manufacturing Indaba will also host a 1-day conference, which will focus exclusively on the Internet of Things (IoT) and Industry.

www.manufacturingindaba.co.za

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