What is Industry 4.0? Explained
Fourth Industrial Revolution
Learning from Data that machine generate using Technological Innovations
Industrial Revolution has been changing continuously and the faster the technology improves, faster the industry advances. Production automation, Robotization, Autonomous vehicle are some of the examples. The latest IT developments come to factories and plants, and they gradually turn the competition of modern technologies into the struggle for technologies.
To put it shortly, we are talking about a high-tech industry development strategy that uses data to generate information and the results are more efficient companies, optimized processes when it comes to both cost and time, and waste and mistake reduction.
Benefits of 4.0:
- More efficient and optimized operations
- Speed to adapt to market pressures
- Better quality in products and services
- Predictive maintenance
- Continuous improvement
- Improve the consumer experience
- Sustainable processes
Technologies of 4.0?
- IoT (the Internet of Things)
- Artificial Intelligence (AI) & Machine Learning (ML)
- Big Data and analytics
- Cyber security
- Cloud computing
- Collaborative robots
- Additive manufacturing
- Augmented reality