Praxis Info Solutions19 Sep, 2022Business
Valued at $86.3 billion in 2020, the global market for Industry 4.0 is projected to increase in value to $267 billion by 2026. The COVID-19 pandemic has accelerated the move towards Industry 4.0, also called the fourth industrial revolution. The manufacturing industry is gradually transitioning from its ?traditional? human-led processes to automated processes that use a variety of digital technologies. Hence, manufacturers require an intelligent and advanced ERP system such as SAP Business One to support Industry 4.0.
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