IIoT & Industry 4.0: Fueling post-pandemic prosperity
As the global economy continues to rebound following pandemic-related shutdowns and disruptions, signs are good that many manufacturing businesses, and those who supply and support them, are on a path toward a bright future. According to a recent McKinsey briefing, the future holds “a possible new age of global prosperity, with high rates of economic growth and surging healthcare innovation.” In the postpandemic era, says the brief, much is possible: “Just with the technology that is currently available—no unheard-of breakthrough required— it’s possible to achieve 3-4% global economic growth each year for a decade.” What’s available now to manufacturers includes Industry 4.0 technologies such as Industrial Internet of Things (IIoT) devices, edge computing, robotics, and 3D printing.
Smaller batteries, single-pair Ethernet, and open communications standards support communication and integration, enabling secure use of IIoT, HMI/SCADA, and other systems. All that and more is what you’ll find in this edition of AUTOMATION 2021. May automation continue to enhance your business’s success and allow it to prosper today and in the future. -Renee Bassett, Chief Editor
