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Research Article
income generation and fails to offer a benefit of mainly attributed to:
transformation compared to the manufacturing sector.
● Increased productivity due to robotized production lines
Among the revelations of this transition is that the time and real-time data monitoring.
horizon for the evolution of Industry 4.0 implementation is ● Reduced downtime during operations through AI-driven
significant. The majority of the organizations will need predictive maintenance.
approximately 12 to 18 months for a stable stabilization of
their new digital foundations, improving AI-based ● Lower waste and costs through data-driven allocation of
workflows, and achieving various financial benefits. resources.
Companies shouldn't look at short-term profitability in this ● Better supply chain management through IoT and
first phase as a failure, but rather should maintain a long- blockchain systems for tracking mechanisms.
term perspective when viewing the ROI that comes with
Industry 4.0 and its technologies.
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The economic benefits of Industry 4.0 in industry are
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