How is Industry 4.0 changing manufacturing?
In the last industrial revolution, Industry 3.0, computers transformed processing and storage of data and information with the inception on entirely new technology.
Today, the fourth industrial revolution (IR4), referred to as Industry 4.0, unites interconnectedness allowing computers to connect and communicate data with one another to make informed, objective decisions without human interaction.
To make Industry 4.0 possible, a blend of cyber-physical systems, the Internet of Industrial Things (IIOT), has evolved production processes, making the modern smart factory a reality. Because of new smart machinery that becomes smarter as it receives more operational data, our production lines will become more responsive, more efficient and waste less. Essentially, it's a movement to a network of machinery that is digitally connected with one another to create and share business critical information that drives the true power of Industry 4.0.
Fourth Industrial Revolution (IR4) in Action
Modern, growth-oriented manufacturers have already adopted smart machinery recognising that they can implement real business change, drive profitability and improve their business for future.
Interconnected machines collect a huge volume of data that can inform maintenance, performance and provide analysis and insight to identify patterns that would be impossible for a human to do in a reasonable time frame, Industry 4.0 offers the opportunity for manufacturers to create operational gains quickly and efficiently by knowing what needs attention and when.
Understand Industry 4.0 tech & learn how it is changing modern manufacturing