Benefits include reduced costs, improved quality, shorter lead times, increased flexibility, and better customer satisfaction.

Industry 4.0 can improve operations by enabling real-time monitoring, predictive maintenance, process optimization, and enhanced decision-making.

Industry 4.0 refers to the integration of digital technologies such as IoT, AI, and data analytics into manufacturing processes to create smart factories.

IoT connects devices and equipment in factories to collect and exchange data, enabling real-time monitoring, remote control, and predictive maintenance.

Factories can improve product quality by implementing quality control measures, using advanced technology, providing training to employees, and listening to customer feedback.