Technologies that Drive Industry 4.0 Revolution…
Industry 4.0, also known as the Fourth Industrial Revolution, is all about making business smarter and more automated. Where the Third Industrial Revolution focused on switching mechanical and analog processes to digital ones, the Fourth Industrial Revolution focuses on deepening the impact of our digital technologies by making our machines more self-sufficient, able to “talk” to one another, and to consider massive amounts of data in ways that humans simply can’t — all in the name of efficiency and growth. Industry 4.0 technology represents a foundational shift in how businesses operate, as fundamental as the change from steam power to electricity in the Second Industrial Revolution.
Technologies that Drive Industry 4.0
Internet of Things (IoT)
The Internet of Things (IoT) is a key component of smart factories. Machines on the factory floor are equipped with sensors that feature an IP address that allows the machines to connect with other web-enabled devices. This mechanization and connectivity make it possible for large amounts of valuable data to be collected, analyzed, and exchanged.
#1. Cloud computing
Cloud computing is a cornerstone of any Industry 4.0 strategy. The full realization of smart manufacturing demands connectivity and integration of engineering, supply chain, production, sales and distribution, and service. Cloud helps make that possible. In addition, the typically large amount of data being stored and analyzed can be processed more efficiently and cost-effectively with the cloud. Cloud computing can also reduce startup costs for small- and medium-sized manufacturers who can right-size their needs and scale as their business grows.
#2. AI and machine learning
AI and machine learning allow manufacturing companies to take full advantage of the volume of information generated not just on the factory floor, but across their business units, and even from partners and third-party sources. AI and machine learning can create insights providing visibility, predictability, and automation of operations and business processes. For instance: Industrial machines are prone to breaking down during the production process. Using data collected from these assets can help businesses perform predictive maintenance based on machine learning algorithms, resulting in more uptime and higher efficiency.
#3. Edge computing
The demands of real-time production operations mean that some data analysis must be done at the “edge” — that is, where the data is created. This minimizes latency time from when data is produced to when a response is required. For instance, the detection of a safety or quality issue may require near-real-time action with the equipment. The time needed to send data to the enterprise cloud and then back to the factory floor may be too lengthy and depends on the reliability of the network. Using edge computing also means that data stays near its source, reducing security risks.
#4. Cybersecurity
Manufacturing companies have not always considered the importance of cybersecurity or cyber-physical systems. However, the same connectivity of operational equipment in the factory or field (OT) that enables more efficient manufacturing processes also exposes new entry paths for malicious attacks and malware. When undergoing a digital transformation to Industry 4.0, it is essential to consider a cybersecurity approach that encompasses IT and OT equipment.
#5. Digital twin
The digital transformation offered by Industry 4.0 has allowed manufacturers to create digital twins that are virtual replicas of processes, production lines, factories, and supply chains. A digital twin is created by pulling data from IoT sensors, devices, PLCs, and other objects connected to the internet. Manufacturers can use digital twins to help increase productivity, improve workflows and design new products. By simulating a production process, for example, manufacturers can test changes to the process to find ways to minimize downtime or improve capacity.
Industry 4.0 trends in 2022 improve your business and make it more sustainable and allow you to amplify productivity and gain profit with the help of smart technology by your side.
