The trade mission in German states Rhineland-Palatinate and Saarland is designed for Dutch and German companies to explore business opportunities, expand networks and initiate innovative collaborations in light of Industry 4.0. The mission is combined with the visit of the Dutch king and queen to the German states.
Widget Brain joined this mission to introduce The Algorithm Factory and to explain why it’s a crucial part of Industry 4.0. Algorithms play an important role in Industry 4.0 to make operations more efficient, lower unexpected downtime and improve machine performance. They pave the way for autonomous decision-making, which leads to higher service levels, lower costs and new business models.
As companies implement more and more algorithms to make their decision-making autonomous, the harder it will get to train, run and manage all these algorithms. The Algorithm Factory provides the solution as it is the only platform that enables companies to automatically scale algorithms for complete autonomous decision making. It’s vital for a sustainable and scalable transition to Industry 4.0.
Want to learn more about Industry 4.0 and The Algorithm Factory? Don’t hesitate to contact us.
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Australian retailers are under pressure. The typical Australian retail consumer is changing, labour laws are volatile, and on-going costs like rent and energy seem to keep going up in perpetuity. Meanwhile, global retailers are rapidly expanding their brick and mortar presence, bringing new marketing techniques and operational experience with them. Read more about how algorithms can help.