The Oaktree Group in Industry
We have entered the fourth industrial revolution, also called Smart Industry or Industry 4.0. This leads to numerous advantages and possibilities, such as more sustainability, more efficiency, smaller inventories, less downtime, lower maintenance costs, better cooperation and a starring role for the Internet of Things. The lifeline of Industry 4.0 is a secure, always up-to-date infrastructure that is as reliable as a Swiss watch.
Industry 4.0 is the building block of the smart manufacturing environment. The machines in it are connected to each other through a network and read in real time. This creates an insight into what is actually – and currently – happening in the factory. This makes it possible to predict and make early adjustments. As a result, lead times can be drastically reduced, the time of maintenance can be accurately predicted and, in a more general sense, work can be done much more efficiently and therefore more economically.