AS the world continues to shift toward the digital age, terms such as Industry 4.0, Industrial Internet of Things (IIoT) and smart manufacturing are no longer just buzzwords but are modern solutions many industries are integrating into their operations.

A 2021 McKinsey & Company survey indicates that 94 percent of respondents from global manufacturing companies were able to keep their operations running during the pandemic, attributing this achievement to Industry 4.0. More than half of them also said technologies had been crucial in responding to the situation.

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