The manufacturing industry has been evolving for over 200 years now. Industry 4.0 is the fourth industrial revolution concentrating on interconnectivity, automation, machine learning, and real-time data processing. As various manufacturing industries are marching towards Industry 4.0, to stay competitive and reduce manufacturing costs, manufacturers are putting more equipment and less people in factories.
Manufacturers are investing heavily in advanced mobile robotics in their factories (i.e., Amazon delivery warehouses, assembly lines) and warehouses for doing the lion’s share of the building, assembling and transporting of material.