Brazil is between Industry 2.0 and 3.0, as there is still some reluctance to implement new technologies, causing a delay in the evolution of this sector.
Studies in the Brazilian manufacturing market, conducted by COGTIVE with support from an article by McKinsey & Company, revealed that, on average, industries have 30% of unknown productive capacity, which resulted in the 88 billion that Brazilian manufacturing industries missed out on last year.
The hidden productive capacity, which even leaders may overlook, is the amount of additional production that a company can achieve without investing in new machines, equipment, or hiring more workers.
It occurs mainly due to line stops, poor process management, low asset performance, and problems with labor allocation. Problems that would be minimized by disruptive technologies for monitoring the factory floor.