b'Visionary Journey sometimes longer. turers have started the Industry 4.0 Nonetheless, most manufactur- journey, Thorpe said.ers see no reason to upgrade set- Patel said this level of adoption how Industry 4.0 fits into their exist- ups and processes. is curious because the Industrial In-ing production setups, many regardRoughly a quarter of manufac- ternet of Things has the potential to the addition of Industry 4.0 tech- benefit manufacturing more than nologies to be expensive when itany other industry. Many companies doesnt need to be, said Bijal Patel,contributors may continue to sit on the sidelines senior digital machining specialist atwhile other businesses embrace Sandvik Coromant. BIG KAISER Precisiondigitalization and connectivity. Mar-Carranco said he has seen in- Tooling Inc. ketsandMarkets Research Private stances when customers get an ROI224-770-2999 Ltd. reported that the IIoT market is within six months of implementingwww.bigkaiser.com set to grow from $68.8 billion in 2019 a piece of automation equipmentto $98.2 billion by 2024.or a process by not only boostingBosch Rexroth Corp. The transformation from linear productivity but increasing sales800-739-7684 plant setups into dynamic and in-and expanding product lines. Thewww.boschrexroth.com terconnected systems is one of the general rule is to be paid back ingreatest challenges of our times for no more than a year, he said, unlessGlobal Shop Solutions Inc. machine shops, he said. The IIoT workflow is expected to last for an800-364-5958 will continue its rapid growth and extended period. www.globalshopsolutions.com make countless productivity, profit Sometimes we have customersand maintenance advantages avail-working for government contracts,Sandvik Coromant Co. able to machine shops that are will-hesaid,andthosecontracts800-726-3845 ing to overcome their reluctance to arefive-yearengagementsandwww.sandvik.coromant.com embrace Industry 4.0.CTE10X HIGHER PRODUCTIVITY!XSYTIN\x1f360 CERAMIC END MILLSDelivers tremendous cost savings! High removal rates on a wide range of materialsFINALLY\x1f A SOLID CERAMIC END MILLCapable of signi\x1fcantly THAT OUTPERFORMS CARBIDE! increased chip loads versus other ceramic end millsA combination of our strongest ceramic material and a unique cutting geometryVisit greenleafcorporation.com for more information! World leader in ceramic cutting tools!Greenleaf Corporation is ISO 9001 Certified. Greenleaf Corporation | 18695 Greenleaf Drive | Saegertown, PA 16433 | 800-458-1850 | 814-763-2915 2021 Greenleaf Corporation [email protected] | www.greenleafcorporation.com Indy40.indd 20 7/19/21 10:57 AM'