INSIGHTS TO INDUSTRY 4.0

A vision evolved from an initiative to make the German manufacturing industry more productive and competitive to a global industrial transformation. But not more a simple concept, spanning mobile computing to cloud computing has undergone vast developments in the past decades and is ready to be commercially available.
The term “Industrie 4.0” was first publicly introduced in 2011 and also referred to as the “Fourth Industrial Revolution”. This revolution takes the automation of manufacturing processes to a new level by introducing customized and flexible mass production technologies.
Welcome to Industry 4.0, which holds the key to accessing real-time results and data with the growing combination of traditional manufacturing, industrial platforms, and smart technology. However, the concept of industry 4.0 is not a simple one enveloping many technologies in a variety of different ways.

Adopting Industry 4.0…
With Industry 4.0, industries have become increasingly automated and self-monitoring with the given ability for machines to analyze and communicate with each other. For a factory to be considered under Industry 4.0, the main aspects to be considered are as follows:

  • Interoperability: connecting machines, devices, sensors, and people to communicate with each other.
  • Transparency: for contextualizing information, systems create a virtual copy of the physical world through sensor data.
  • Technical assistance: the ability of systems to support humans in decision making as well as the ability of cyber-physical systems to assist humans with tasks that are too difficult or unsafe for humans.
  • Decentralization: to be able to perform tasks autonomously and make simple decisions on their own.

Industry 4.0 isn’t just about investing in new technologies and refining your manufacturing processes- it’s about revolutionizing the way your entire business operates and grows. Entering into a new phase of the Industrial Revolution, every company and organization faces a common challenge- the need for connectedness and access to real-time insights across processes, partners, products, and people.
That’s where Industry 4.0 comes into play changing the world of manufacturing as per the rapidly growing and evolving business domains.