Smarter Factories, Better Work: Meet the New Metrology- With the rise of smart factories allowing for more efficient, streamlined operations, industrial companies across a range of different sectors are changing the way they do business. While aerospace contractors, the defense industry, pharmaceuticals, and life sciences have already boosted overall productivity by an average of 17% thanks to the new technology available, industrial manufacturers have seen a 20% increase in productivity — and that’s in addition to a 20% boost in average overall quality gain. These trends show no sign of slowing. A study conducted by Capgemini estimates that smart factories are positioned to add $500 billion to $1.5 trillion in value to the global economy over the next five years alone. Complete article at: https://news.thomasnet.com/featured/smarter-factories-better-work-meet-the-new-metrology