Technology 4.0

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  • Fourth Industrial Revolution.
  • Intelligent technologies in automation.
  • Cyber-physical systems.
  • Smart manufacturing through block chain, robotics, cognitive computing.
  • Optimum utilization of resources.
  • Full rollout of 5G with wireless connectivity and augmentation of machines.
  • Real-time communication between systems.
  • Lesser wastage with a circular approach.
  • Sustainable development, thus improving human lives.
  • Three technological trends:
    • Connectivity
    • Intelligence
    • Flexible automation
  • Includes:
    • The Industrial Internet of Things (IIoT) ,
    • Cyber-physical Systems (CPS) , Smart Manufacturing,
    • Smart Factories, Cloud Computing,
    • Additive Manufacturing, Big Data,
    • Robotics, Cognitive Computing,
    • Artificial Intelligence & Block chain etc.
  • Digital twin technologies:
    • Create virtual versions of real-world installations.
    • Processes and applications.
    • Cost effective decentralized decisions.
    • Copies can then be created in the real world and linked via the Internet of Things.
    • Cyber-physical systems to communicate and cooperate with each other and human staffs.
    • To create a joined up real-time data exchange and automation process.

First Industrial Revolution

  • Advent of mechanization.
  • Steam power and water power.

Second Industrial Revolution

  • Mass production.
  • Assembly lines using electricity.

Third Industrial Revolution

  • Electronic and IT systems.
  • Automation.

Industry 4.0 Post COVID-19

  • Exhibitions getting ready on virtual spaces.
  • Enterprises are failing to spot their financial targets due to supply-chain disruptions and lowered customer demand.
  • Demand, supply and workforce availability have been affected.
  • COVID-19 is a transformative force.
  • Critical to build business resiliency after this pandemic.
  • It is not bringing us into Industry 5.0.
  • Moving towards a smart factory.
  • Industries and businesses must use digital transformation to speed up the transition.
  • Complete with smart manufacturing or smart printing processes.
  • Physical conferences are being converted into digital webinars.
  • The business drivers of Industry 4.0 pre-crisis were focused on:
    • Competitive advantage
    • Cost reduction
    • Productivity
    • Sustainability
    • Innovation
  • Priorities for most manufacturers today fall into three distinct Stages:
    • Survival
    • Recovery
    • Business

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