A maturing industry means new problems for companies up and down the supply chain. With reduced wind energy subsidies, wind companies face compressed margins and stiffer competition. Increased competition, labor costs, and an aging infrastructure are pressing companies to implement more efficient, reliable, and safer ways to work.
Tradeoffs are being made in the transition to Industry 4.0. While automation and live data collection bring a slew of benefits, they are also the harbingers of rapidly increasing complexity. Is it possible to transition to Factory 4.0 without suffering from increasing complexity and growing knowledge gaps?