Manufacturers are now facing unprecedented challenges of complexity and growth while connected technology, often known as Industry 4.0 or Industrial IoT, brings the possibility of building the ‘Digital Factory’: an industrial facility where all products, personnel, raw materials, machines and processes are being connected.

In this Digital era, where managers are expected to use real-time data to continually optimize production operations and achieve higher levels of efficiency, factory executives are exposed to extraordinary levels of complexity and competitive pressures.