Benefits of industrial automation

Although industrial automation has been around for more than half a century, it is still wildly discussed – in fact now more than ever. We often hear politicians, business executives and economists use it together with concepts such as Industry 4.0, smart industry, digitalization of the industry and the industrial Internet of Things. But what does this phenomenon actually mean? How can we benefit from industrial automation? And do the benefits of industrial automation actually make the industry more efficient, safe and smart? In order to fully understand it, we need to start by breaking it down and learning a bit about its origin. And we’ll start with the terminology itself.