Manage episode 293822241 series 2517601
Vikram Kumar, President and CEO of AVG Automation, offers some incredible insight into the world of Digital Transformation and Industry 4.0 technology. In this wide-ranging interview, Vikram surveys the evolution of manufacturing from the invention of the PLC to the present and beyond, looking ahead at which industries and applications will be critical over the next 5-10 years. Our discussion covers the perception of Industry 4.0, overcoming resistance to change, and the considerations organizations need to make when implementing new technologies, as well as the benefits of AI and machine learning to manufacturers. We also explore how the pandemic has accelerated the evolution of Industry 4.0 initiatives and showed how a lack of Digital Transformation can disrupt the supply chain. Plus, Vikram defines what Industry 4.0 and Digital Transformation mean in the context of adopting a better approach to business.