Industry 4.0 is one of the most commonly used jargons in technology arena these adays. The fourth industrial revolution in manufacturing industry is referred as Industry 4.0 and is defined as a set of digital technological shifts to create a consistent framework in the manufacturing sector. It is the integration of smart digital technology and manufacturing, and places an emphasis on automation, machine learning and real-time data. This revolution is driven by the need to access real-time insights and information across the manufacturing process.
In other words, Industry 4.0 is the application of the Internet of Things (IoT), cloud computing, cyber-physical systems (CPS), and cognitive computing into the manufacturing and service environment. It is an extension of Industry 3.0, where computers were introduced into the manufacturing process. Industry 4.0 focuses on connecting those computers to one another. However, Industry 4.0 goes far beyond systems on the factory floor being able to communicate with one another. When fully applied, Industry 4.0 allows for the creation of smart factories and enables digital manufacturing.
Industry 4.0 is the most recent of the four diverse industrial revolutions that the world has experienced:
The First Industrial Revolution: Began in the 1760s and was referred as the age of mechanical production. Water and steam mechanization came into picture, which were advancements compared to manual labour for increased output and rudimentary optimised manufacturing.
The Second Industrial Revolution: With the introduction of steel and electricity in factories, the second industrial revolution began in the 1870s – which is also referred to as the age of Science & Mass Production. This resulted in the creation of mass production concepts such as the assembly line that broke down complex manufacturing into simple specific tasks.
The Third Industrial Revolution: Referred as Digital Age that began in the early 1950s when electronic technology was introduced to manufacturing processes and switched from analogue to digital technology. Mass production of transistors and integrated circuit pieces were key to this evolution as this made automation more accessible.
Industry 4.0: Started its journey in 2011, which was also termed as the Technological Age, this Fourth Industrial Revolution builds upon the foundation of the digital revolution, but with a whole new level of interconnectedness through the use of IoT. This new wave of smart manufacturing uses access to real-time data to boost productivity and output, increase efficiency and create what is known as a smart factory. This goes one step further in some cases, where organisations are utilising augmented reality and artificial intelligence to go one step further.
Applications of Industry 4.0
Industry 4.0 can be applied to every phase of product lifecycle in the manufacturing process. In addition, Industry 4.0 can also be applied to external resources such as supply chains, thereby, enabling them to better anticipate supply disruptions, while also making it easier to source all of the materials used in the manufacturing of a product. Further, in order to process and analyse the real-time data in manufacturing, Industry 4.0 has been widely used. This can enhance efficiency and reduce the time to market, while also increasing the organization's productivity.
Technologies driving Industry 4.0
Industry 4.0 is built on nine technology towers. Businesses and supply chains have already been using few of these advanced technologies but the full potential of Industry 4.0 comes to fruition when they’re used together. Industry 4.0 is driven by the conjunction of technologies, including the following:
Challenges of Industry 4.0
Benefits of Industry 4.0
Though there are challenges in adapting Industry 4.0, adapting to it provides numerous benefits to organizations:
Our Industry 4.0 Offerings
ACI Infotech’s Industry 4.0 consulting services take a complete, ecological, and mountable approach. We deliver by deploying proprietary tools and methodologies developed in our Innovation Centre for Operations infrastructure. These offerings cover every manufacturing domain and comprise advanced manufacturing technologies that are empowered through data progression, storage, and optimization.
Our IoT-enabled products have touched every aspect of our lives. Whatever your industry and whatever customers you serve, the key to succeeding in the new world of digital is getting your best ideas to market. That means having a business case for IoT, as well as the right resources in place to move quickly and deliver value. Our team can help you identify and realize opportunities along the path, from idea to market—while navigating the complexities of today’s rapidly evolving technologies.