What is digitization? | Definition from TechTarget
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What does Immelt mean by the "digitization of the industrial world" and "the industrial internet?" What are the four central elements of the industrial internet? 2. What were the three alternatives GE had for developing the hardware and software capabilities to become a digital firm? 3. Which option for developing its digital capabilities did GE choose and why? 4. Why does the new GE want to treat analytics as a company expertise just as it has always treated material science? 5. What example do
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With 50% of the world’s population, Asia is the place with the fastest urbanization, digitization and industrialization. Our Chairman & CEO, Jean-Pascal Tricoire, shares insights on how digital is reshaping the way we live and work together. #LifeIsOn #DigitalEconomy | Schneider Electric
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When digitization meets connectivity, you enter the smart factory. As an essential part of the fourth industrial revolution (Industry 4.0), it aims to optimize smart manufacturing processes. The fully digitized manufacturing facility of the smart factory uses devices, sensors, machinery, and production systems to continuously collect and share data. The data is then used for better-informed decisions to improve processes as well as address any issues that may arise. The main thought behind this
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