4.0 Industrial Solutions
Industry 4.0 encompasses current trends in automation and data exchange in manufacturing technologies which includes cyber-physical systems, the Internet of Things, cloud computing and cognitive computing. These developments aim to help improve the competitiveness of existing sectors by lowering costs while also increasing productivity and safety. In addition, they are also providing the competitive edge needed to empower new sectors as well as establishing an environment supportive of the technologies built on Industry 4.0 platforms. Given the Kingdom’s ambitions, the development of its Industry 4.0 strategy is centered on increasing the competitive advantage of existing value chains as well as developing systems.