Industry 4.0, a term that describes the ongoing automation of traditional manufacturing and industrial practices, promises to enhance the stability and performance of industrial operations.
Using technologies such as IoT, imaging, and sensors, businesses will be able to capture and process data from industrial assets, generating previously unavailable insights on how the machines are utilized.
Israel, as an innovative ecosystem with strong ties and deep understanding of technological gaps in this space, has become a major IIoT player. In fact, Israel ranks third in industry 4.0 venture investments and second in early-stage investments according to Israel21c.
Review Israeli Companies: https://israeltrade.org.au/2021/04/08/innovative-israeli-solutions-for-industrial-4-0-deployment/