Industrial innovations refer to the introduction of new or significantly improved products, processes, or services within the industrial sector. This encompasses advancements in technology, methods, and practices that enhance productivity, efficiency, and competitiveness in manufacturing, construction, and other industrial activities. Industrial innovations can involve the adoption of cutting-edge technologies such as automation, robotics, and digitalization, as well as improvements in supply chain management and resource utilization. These innovations often lead to cost reductions, improved quality of goods, and the creation of new markets or business models. They play a crucial role in driving economic growth and can significantly impact sustainability by promoting the use of environmentally friendly practices and materials.
Edge Computing is set to transform the manufacturing landscape. According to a comprehensive study published by Advance Market Analytics, the Edge Computing in Manufacturing market is witnessing significant growth driven…