Factories of the future will feature advanced technology, such as additive manufacturing, artificial intelligence, augmented reality, data analytics and digital twins. While many manufacturers are still ramping up their Industry 4.0 initiatives, several assembly plants are already at the forefront. They are embracing the Fourth Industrial Revolution and reaping the benefits.
The World Economic Forum (WEF), in collaboration with McKinsey & Co., recently created a list of the most advanced factories on the planet. These “lighthouses” were selected from a survey of more than 1,000 manufacturing sites based on a successful track record of implementing state-of-the-art production technology in ways that have driven financial and operational impact.