"Smart factories" save 500 billion globally (5 / 41)

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An "intelligent factory" uses digital technologies such as the Internet of Things, big data analytics, artificial intelligence and robotics to increase productivity, quality and flexibility. Investment, according to a study by Capgemini, can lead to an increase in efficiency in the production of 27 percent over the next five years - corresponding to a global annual economic value added of around 500 billion US dollars.

Written by Helmut Melzer

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