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Impact of Industry 4.0 and Plant Simulation Software Technology – A Report

As Industry 4.0 progresses and more companies introduce more transformative technologies in industrial applications, the demand for ways to test the impact of those technologies in the digital world before implementing them in the real world will continue to rise.

Simulation Software

Plant simulation software for production and processes can help meet this demand by using computer models to show how investing in new equipment or technology could impact operations. Plant simulation software is slowly gaining traction and revenues will reach US$4.1 billion by 2030, finds ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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