If you work in the manufacturing or production sectors, it’s likely you’ve spent the last few years reading endless articles about the fourth industrial revolution and the massive benefits it can bring in terms of efficiency and agility. Unfortunately most of the literature on how to implement industry 4.0 machinery assumes that you are either building a factory from scratch or have an unlimited budget for upgrades.
In the real world, most companies upgrade their legacy machines piecemeal, one part at a time. There are good reasons for doing so – one recent study showed that 76% of decision-makers admit that legacy systems trap their data. Connecting these machines would greatly improve automation and operational efficiency.