Examining ‘Industry 4.0′ opportunities in Japan

MINORU MATSUTANI for Japan Times:  “Industry 4.0,” or the fourth industrial revolution, can offer both opportunities and risks for the Japanese economy.

It is a term to describe the future state of the economy, particularly manufacturing, based on the connectivity of everything, or the “Internet of Things” (IoT). This connectivity includes not only PCs and mobile phones, but also cars, manufacturing equipment and other devices.

Although Japan is said to lag behind other developed nations, a recent gathering discussed whether the country could thrive in this new economy.

A consultant, an IT service company president, an employee of the same company and a university professor, all of whom are Japanese, delivered presentations and discussed related issues at a symposium organized by the Keizai Koho Center, titled “The Future of Industry (Industry 4.0) and Japan’s Economic Growth,” in Tokyo on March 18.  Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Performance and Safety Excellence Consulting

Performance and Safety Excellence Consulting

Performance Solutions by Milliken is a dedicated consulting and training group that helps guide businesses toward success. From supply chain, to operations and safety, we're dedicated to developing sustainable results for our clients through the implementation of a holistic operating system. We believe engaging all associates in the process will systematically transform your company to create efficiency, uncover hidden capacity, and generate long-term gains. Are you ready to reinvent your operations and transform your organization? Let's get started.