Tuesday, October 29, 2019

Industry 4.0 and Stuff

 

What is Industry 4.0?

Throughout the years, industries have changed dramatically because technology has become more interconnective and automated through real-time data. The fourth industrial revolution, known as The Industry Internet of Things, IIoT, strives to improve the manufacturing industry in many ways. The goal is to create a well-equipped, interlinked and collaborative ecosystem for companies in the manufacturing world.

 

Factories would move toward a more self-sustained, self-monitored, and autonomous environment where all the machines would be able to communicate with each other and their human counterparts. This would increase work production, efficiently interconnect all data/machines for real-time access, and optimize businesses which would improve operations and drive growth.

 

Improvements in the new Fourth Industrial Revolution?

 

1. IIoT (Industrial Internet of Things) - The use of sensors and smart devices to collect Data in real time for updates and access across departments, partners, vendors, products, and people.
2. AR (Augmented Reality) - Displaying digital technology through devices that alter our “reality” for purposes of increasing efficiency, reducing time, costs, and helping in preventative maintenance problems.
3. Simulation - Using the real-time data to mirror the physical world of product production, collected from IIoT, companies perform simulations to save time, costs and improve the quality of the production process. By using Predictive Analytics, companies can solve potential future problems.
4. Additive manufacturing (3D printing) - The flexibility of 3D printing helps businesses create products and turn around prototypes faster.

  

-Prachit Parikh