Until recently, the costs of sustainability initiatives were considered detractions from profitability. However, companies have begun to realise that their own success depends more and more on the ability to address the broad array of issues impacting the fragile world in which we now live.
Due to Industry 4.0, IoT, or Internet of Production, the communication between individual systems in production is progressing steadily, which significantly increases transparency. Watch as Prof. Dr. Robert Schmitt, Director of the Laboratory for Machine Tools from RWTH Aachen University discusses how AI will transform quality management.
From a capital investment perspective, AspenTech’s reliance on Hexagon PPM engineering and design tools is money well spent by helping the company achieve objectives by reducing the risk of time and budget overruns.