The Powermat eBook presents wireless power solutions for overall implementation and usage for the range of industry 4.0 applications. The inclusion of wireless power solutions is an integral piece of the ongoing industry 4.0 revolution and advances the making of life 100% wireless.
Wireless Power Unleashes New Competitive Advantages in Industry 4.0
Industry 4.0 strategies deliver bottom-line results
With Industry 4.0 fully underway, many companies are scaling up deployments of advanced technologies such as artificial intelligence, Internet of Things (IoT), 5G connectivity, robotics, and drones.
It’s with good reason. According to a 2020 Deloitte study, approximately 90% of organizations with comprehensive Industry 4.0 strategies generated at least 5% annual revenue growth in the most recent year. Analysts at Mckinsey & Company say it is not uncommon to see 30-50% reductions in machine downtime, 10-30% increases in throughput, 15-30% improvements in labor productivity, and 85% more accurate forecasting with digitally enabled factories.
The key enabler of Industry 4.0? Wireless Power
Many of today’s Industry 4.0 technologies are characterized by complex, expensive, limiting and sometimes hazardous cabling and connector solutions. In fact, more than 60 percent of costs associated with industrial IoT (IIoT) set-up are spent on cabling and installation.
Batteries, power cables and WiFi simply won’t be enough to support the explosion of data and connected devices appearing in factories and facilities today. Wireless power provides a solution that enables industrial organizations to maximize the return on their technology investments.
Download the eBook to learn how wireless power enhances autonomy, cuts costs, improves safety, and increases operational efficiency for Industry 4.0 technologies.