Uploaded on Jun 14, 2024
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Understanding the Term and Beyond – Industry 4.0
Understanding the Term and Beyond – Industry 4.0
Jenny Knight
Writes for
Small and Medium Business Corner &
SMB Corner
Technology has a crucial role in every sector of the modern business world and
every aspect of human life. There is no question that the increase in
connectivity has helped lead to a revolution across several industrial sectors,
including manufacturing, distribution, and development. However, it can get
tricky to explain Industry 4.0 for a layman.
Let’s look into this and understand the term in a simplified manner.
Embedded engineering
What is Industry 4.0?
Industry – 4.0 is the term that explains the amalgamation of traditional
manufacturing with industrial sectors and the latest practices with the smart
use of modern technology. The primary focus of industry 4.0 is to collaborate
M2M (machine to machine) to IoT (Internet of things).
When you mix both the powerful elements, you can see a massive change in
the automation of manufacturing sectors. There is improvement in various
levels that include communication and channeling distribution. Hence, it gives
a boost in the monitoring of business processes. Integrating smart-end
mechanisms that operate without human intervention or ensure minimum
involvement will increase productivity levels to a great extent by reducing the
overheads of any manufacturing business.
The manufacturing plants and factories are witnessing partial to complete
automation of the processes. It enables you to focus on other critical aspects
of the business as IoT also handles the analysis of business processes and
troubleshooting within no time.
Why industry 4.0 and not 2.0 or 3.0?
The industrial revolution in the 4th is the result of the revolutionary
advancements that happened in the last ten years. The simple reason is that
the foremost revolution in industrial sectors started when farming advanced to
factory production in the early 19h century. The second revolution covers the
period of the steel industry in the mid-1850s. It was that period when the
electrification of manufacturing sectors brought a colossal change in mass
production.
The third revolution mentions the technological advancement of mechanical
machines to electronic devices. By end of the 1950s, the digitalization of
machinery brought a significant change in businesses.
Coming to the 4th and present revolution – a mix of Artificial intelligence and
Cyber-Physical systems. Recent technological advancement includes big data,
analytics, and smart machines. It resulted in improved analysis, monitoring,
production, and self-diagnosis. Hence, it helps customers and manufacturers
alike, indicating a productive future ahead.
The wrap
The industrial revolution has come a long way now– you can explore more
about this in all the business sectors and not just in IT or manufacturing. The
use of simulations, robotics, Cloud computing, and data sharing are a few to
mention; in this regard. The market for augmented reality is growing at an
exponential rate. More and more businesses are imbibing modern
technologies to keep up with the changes. The world of technology is ever-
evolving and highly impacts all aspects of human lives. Hence, the innovation
proves beneficial in assisting production and boosting the manufacturing
sectors. Overall, the latest phase of the industrial revolution is all about real-
time data, automation, interconnectivity, and machine learning.
About SMB-Corner
SMB Corner (Small and Medium Business Corner) website serves SMB
owners in providing information which is insightful, useful and actionable.
One can find info about SMBs in various sectors like health, science,
shopping, society, finance, technology and many others. Site provides
honest opinions, tips and issues related to small and medium-sized
businesses. The information provided on smb-corner.com not only covers
business angles of SMB owners but also helps them with tips in their
regular day-to-day lives and guide them in the right direction.
Thank you for spending your precious time in reading this article!
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