February 14, 2020
December 23rd, 2022
Industry 4.0/ I4.0 / I4 is an initiative introduced by the German Government to promote smart manufacturing with the potentials of new technologies.
It connects physical machines with the digital system enabling collaboration across departments, products, and people.
This fourth industrial revolution focuses on interconnectivity, automation, machine learning and real-time data.
It not only makes the system interconnected, but communicates, gathers, and analyzes data across machines enabling efficient processes at reduced costs.
What factors drive Industry 4.0?
Machines are augmented with wireless connectivity and sensors which track the entire unit and make the decisions based on the data.
Technologies like Cyber-Physical Systems, IoT, Cloud Computing, and Cognitive Computing are used to create a holistic and connected ecosystem.
With the help of industry 4.0, business owners can control the business process, boost productivity, and drive growth.
Companies like General Electric, Cognex, Microsoft, GE, PTC, and Siemens are executing Industry 4.0 to leverage their business.
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