By embracing digital tools, AI, and sustainable practices, companies can optimize production, redefine their role, and propel themselves towards a more productive and sustainable future, suggests Bain & Company's report.
AI, Industry 4.0 transform Middle East manufacturing
"As we look ahead, the manufacturing landscape is set to continue evolving, navigating through the VUCA (volatility, uncertainty, complexity, and ambiguity) environment. This evolution goes beyond merely boosting productivity. It's about fostering innovation, sustainability, and shaping a future that melds human creativity with technological advancement," he adds.Industrial metaverse eyes $1trn with output boost
The latest technology is poised to transform the industrial sector, with a market expected to reach $400 billion by 2030, potentially exceeding $1 trillion, says a report.
Abu Dhabi launches smart manufacturing index
ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has launched the 'Abu Dhabi Smart Manufacturing Index', that guides and facilitates private sector players’ transition to Industry 4.0 technologies. This is a part of its initiatives and objectives set forth by the Abu Dhabi Industrial Strategy which...
