Mozenix – Augmented Reality & Industry 4.0: What It Means for CTO’s
An interesting article appears on Mozenix’s blog about what AR and Industry 4.0 means for CTOs. Over the past twelve months the AR landscape has shifted dramatically, as big businesses seek to extend proof of concept projects and prototypes into full production, as the technology continues to deliver against commercial goals.
The author quite rightly points out that there is also huge emphasis on enabling enterprise decision-makers to better understand how to leverage maximum ROI via AR initiatives. This is in line with The AREA’s own ROI research which was directed by what enterprises were looking for. Mozenix have their own infomration about ROI – the ROI of mobile AR: ARKIt verses ARCore.
“As more AR prototyping projects mature into full scale productions, the commercial benefits of the technology become increasingly clear.
For big businesses, kick-starting an AR initiative can bring about wide ranging commercial benefits including the creation of new revenue streams, the ability to grow existing streams of revenue and cost reduction. These commercial benefits, particularly in the context of industry 4.0, can be realised through the deployment of AR to bring about process efficiency gains and to enhance existing safety procedures and practices.”
The article states that now is a very good time to kick start projects in AR.
The piece goes on to mention a specific industrial example of Aberdeen based business Return to Scene Ltd who are deploying AR within the oil and gas sector.
Read the full article on the Mozenix blog https://mozenix.com/augmented-reality-industry-4-0-what-it-means-for-ctos/