The Fourth Industrial Revolution is still in its nascent state. But with the swift pace of change and disruption to business and society, the time to join in is now.
Gary Coleman, Global Industry and Senior Client Advisor, Deloitte Consulting
Industry 4.0 refers to the fourth industrial revolution occurring in manufacturing. McKinsey conducted a survey revealing that only 30% of technology suppliers and 16% of manufacturers have an overall Industry 4.0 strategy. While the promises of Industry 4.0 keep leaders optimistic of the future, it is important to prioritize measurable progress and focus on valuable business-specific applications. Leaders like the Mayor of Cincinnati see the value of Industry 4.0 and have already taken steps toward investing in the future. Some practical applications of Industry 4.0 include lowering energy consumption, improving automation, digitally enhancing current products or services, and mining operational data. Invonto has partnered with enterprises eager to invest in their future and has demonstrated success implementing industrial IoT solutions such as PackOS.
Invonto is a digital solutions company based in New Jersey. Founded in 2008, Invonto has grown into becoming a digital transformation partner for some of America's most innovative enterprises including D.R. Horton, Transamerica, Sealed Air, Comcast, Sharp, and Epicor.
On March 29th, we had the pleasure of attending Venture’s A Pitch. Hosted by NJ Tech Council, this local event was designed to educate and inform entrepreneurs and executives of New Jersey tech companies on how to raise money for a business venture. The meeting began with a Q&A with prominent figures in the VC […]
Businesses like home builders and commercial construction companies stand to benefit greatly from digital technologies and enterprise applications. However, the construction industry has stubbornly remained on the outskirts of digital adoption for decades. In early March, we had the pleasure of attending New York Build 2019, the largest construction industry conference in the area. New […]
Artificial Intelligence and Smart Construction In the past, “artificial intelligence” conjured up visions of futuristic science fiction robots. Today, AI is the technology behind digital assistants like Amazon’s Alexa. Consumers can enjoy the convenience of AI on their smartphones. Now, artificial intelligence is entering various industries with promises of lucrative commercial applications. An industry benefiting greatly […]