Industry 4.0 Decoded

Industry 4.0 alludes to another stage in the Industrial Revolution that spotlights vigorously on interconnectivity, robotization, Artificial Intelligence and real time information sharing where the likes of collaborative robots are reliving human in transportation and warehousing and can assume roles working side by side with operators.

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Industry 4.0 Decoded-Sadaf Khan-The Policy Times

Technological advances have driven enormous growth in industrial productivity since the beginning of the Industrial Revolution. Starting from the concept of the steam-powered based external combustion engine to electrification, it has led to mass production in the early part of the twentieth century which gave rise to industrial automation coming along with technology breakthroughs powered with networks, mobility and communication.

Industry 4.0 is the fourth stage of industrial revolution based upon data and connectivity and the ultimate goal of Industry 4.0 is the transformation of industrial manufacturing through digitalization and exploitation of possibilities of emerging technologies. It is viewed as a tight integration of physical and digital systems which consolidates enormous information in the form of big data in conjunction with the Internet of Things.

It represents a giant leap in the development and evolution of machines which gets efficiency and quality through various technology drivers like advanced robotics, additive manufacturing with simulation capabilities and spans across a lot of extensive industry verticals like power generation and distribution, healthcare, industrial goods, Government and Public Services, transportation and mining.



Industry 4.0 alludes to another stage in the Industrial Revolution that spotlights vigorously on interconnectivity, robotization, Artificial Intelligence and real-time information sharing where the likes of collaborative robots are reliving human in transportation and warehousing and can assume roles working side by side with operators.   Industrial production is nowadays driven by worldwide challenge and the requirement for quick adjustment of production to the regularly changing business sector demands. These prerequisites can be met uniquely by radical advances in current assembling innovation which Industry 4.0 can empower by coordinating the business and assembling process across the value chain of the organization.

Innovation and transformation enablement for the Industry 4.0 can be addressed by the utilization of the generic concepts of information data security and Internet of Things (IoT) along with the industrial production system.

There are various building blocks which act as an embedded framework for Industry 4.0 and these building blocks has a decentralized control and advanced connectivity which are gathering and exchanging constant data with the objective of distinguishing, finding, following, observing and optimizing the production processes.

In addition to the IoT building blocks, the help of Manufacturing Execution Systems (MES) and Enterprise Resource Planning (ERP) is required for the seamless integration of manufacturing and business processes led decision making along with integration and visualization of big amount of data gathered from the processes, machines and sensors which is typically stored in cloud storage.

What makes Industry 4.0 so disruptive is its substantial impact on its conversion cost of manufactured products in addition to safety, quality, flexibility and speed.  This also brings in the dimension of being a Global equalizer where mature economies compete on cost and the developing economies compete in quality.

Multiple pillars of technological growth form the foundation for Industry 4.0 which is being used in manufacturing verticals and is transforming the production process by making it fully automated, integrated and optimized resulting in increased efficiency and customer relationship along with suppliers and producers ecosystem.

Some of these pillars which plays an important role in the shaping of Industry 4.0 are the likes of Big Data Analytics, Autonomous Robots, Simulation, Cybersecurity and additive manufacturing.



Sadaf Khan
Chief Operating Officer
Pinaki Softcon Pvt. Ltd
Gurgaon, India


 

Summary
Article Name
Industry 4.0 Decoded
Description
Industry 4.0 alludes to another stage in the Industrial Revolution that spotlights vigorously on interconnectivity, robotization, Artificial Intelligence and real-time information sharing where the likes of collaborative robots are reliving human in transportation and warehousing and can assume roles working side by side with operators.
Publisher Name
The Policy Times

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