10 Leveraging Financial Data to Optimize AutomationAn Industry 4.0 approach

Kamakshi Mehta, Nitin Kulshrestha, Dharini Raje Sisodia, Venkata Harshavardhan Reddy Dornadula, P. Krishna Priya, and Ravi Ranjan

DOI: 10.1201/9781003317456-10

10.1 Introduction

I-4.0 has brought a significant change to the world of manufacturing and business operations. With the rise of new technologies and the ever-growing digitalization of various industries, companies have been able to optimize their processes and boost productivity. Automation is a critical aspect of I-4.0, enabling companies to streamline operations, reduce costs, and improve efficiency [1]. As automation continues to gain popularity, the role of financial data in optimizing automation cannot ...

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