What's Next For Smart Factories? A Look Ahead To Industry 5.0
RTInsights, Friday, November 17,2023
Industry 5.0 builds on the technologies of Industry 4.0 but emphasizes sustainability and the collaboration between humans and machines.
Many of the things auto manufacturers are doing today to make their operations smart can help drive additional improvements in the future. While the benefits of digitalization and Industry 4.0 have been discussed for years, there is a growing interest in Industry 5.0.
Industry 5.0 goes beyond Industry 4.0 in that it shifts the focus from economic value towards the broader concept of societal value (e.g., sustainability and reduced energy use) and well-being (e.g., worker safety in complex manufacturing environments that include working with automated systems and robotics).