With the advent of solid state technology came massive technological changes. Due to these reforms, we remember the 1960s and 70s as the 3rd Industrial Revolution. The conventional assembly lines became automated with electronic applications and computer technology during this phase.
Enter the 21st century. The world has become a global village and owes its name to the revolutionary invention, the Internet. The modern industrial revolution, Industry 4.0 too, attributes its discovery to the Internet.
What makes Industry 4.0 as the trailblazer is some innovative creations and hence spearheads the industrial growth? Some self instructing interlinked devices throughout the processing chain overlook the process. Now, isn’t amazing?
Let’s understand this further. For instance, there are some physical processes that check assembly lines and maintain heat in a small business house. All these processes are connected to multiple sensors further connected to computers. Finally, these computer units assess the output based on sensory inputs.
But what about the data recorded?
It is added to a business-centric computer system having all the information related to customers’ needs & market conditions prompting the control system to decide to increase or decrease the manufacturing on the basis of the information collected.
A few features of Industry 4.0 you must know…
- Control programs replicate manufacturers’ requirements
- Control systems are capable of working independently.
- Cyber-physical systems permit employ multi-platform hardware/software.
- Industry 4.0 is flexible, allows customization & upgrades.
- No uncertainty factors
Do you still doubt Industry 4.0 inculcation and implementation?
Check below. Several companies/industries have started making amendments to include industry 4.0.
- Siemens has started incorporating its solutions in agreement with Industry 4.0
- Bosch Rexroth, a German Engineering Firm dealing with mobile applications, machinery applications and factory automation services
- SAP, an Enterprise Software company is collaborating with various clients on producing implementable Industry 4.0 models.
Other companies like General Electric, Festo, Rockwell Automation, etc. has also started working in the same direction.
Impacts of Industry 4.0 on Your Business
Industry 4.0 doesn’t only monitor machines and equipment, it controls the system and brilliantly determine faults (if any) on the basis of the calculations made. The interlinking computer units make sure the records are absolutely correct and the whole process is carried out smoothly despite any complications whatsoever.
Industry 4.0 ensures higher productivity. Intelligent use of resources directs the control systems to carry out an array of tasks accurately, saving wastage of raw materials and energy. This results in the manufacture of high-quality products.
Reduces Production Time
A product is of no use if it isn’t backed by some actual market research and demand. The industry 4.0 resolve this quickly by including the whole process from manufacturing to consumption by keeping the needs of the consumers in mind.
While a product is manufactured for a consumer, it shouldn’t increase the production value. Hence the manpower is decreased, plant efficiency increases taking the profits to new heights.
Do you think “Industry 4.0 – The Next Industrial Revolution” is a futuristic phenomenon. Think again. A lot of industries have already started applying it and are getting good response.
When are you implementing Industry 4.0?