1563: From the Fourth Industrial Revolution (4IR) to the Fifth.
The world has changed. Retailers are experimenting with augmented technologies and virtual reality, robots are moving from factory floors to front-line response, and 3D printers are being used to manufacture masks en masse.
Mark Hughes, regional VP for UK and Ireland at Epicor, the ERP cloud solution provider, joins me on the Tech Talks Daily Podcast. Although everyone is talking about ‘Industry 4.0, Mark reveals how factories have undergone a revolution, with manufacturing and supply chain industries already moving from the fourth industrial revolution (4IR) to the fifth.
We discuss how manufacturing leaders have also increasingly valued the benefits that automation can bring to their business. For example, companies including GE and Merck have rolled out RPA to automate back-office elements.
We also talk about how developments like nanosensors and CRISPR gene-editing technology are driving change among grocery retailers looking at how it could potentially impact the products they sell. Mark what he thinks the future of factories will look like. Finally, we explore the radical redefinition of how organizations use technology, people, and processes to fundamentally change business performance.