Industry 5.0: Humanizing Industrial Revolution

Industry 4.0 Is Still Relatively New. But Many Technologists Are Beginning To Speculate Upon What Is To Come With The Next Industrial Revolution Industry 5.0 And The Role Humans Will Play In Automated Manufacturing.

- Sujatha Vishnuraj

INDUSTRY 4.0 CELEBRATED TEN YEARS OF existence in 2021. The term was first coined during the Hannover Trade Fair in 2011 by Bosch. For the past ten years, Industry 4.0 has proved its benefits and its shortcomings. While the smart factories brought increased productivity, the 4th industrial revolution also came with limitations.

Industrial production has been hallmarked using phase categorisation since the 1st industrial revolution that occurred in the 19th century. Industry 1.0 marked a shift from the handicraft economy to machinery and impacted the industries such as mining, textile, agriculture, glass, and others. The 2nd industrial revolution known as the technological revolution came about shortly after the first and is set apart by the introduction of electricity. Industry 3.0 is termed the digital revolution, started in the 70s in the 20th century through the automation of memory programmable controls plus computers. The central point of this particular phase is mass production and the use of digital logic, integrated circuit chips; derived technologies included computers, digital cellular phones, and the internet.

“Industry 5.0 makes use of innovative and smarter devices, systems, automation, and materials. This involves big data, collaborative robots, smart sensors, IoT, IoE, emerging artificial intelligence, multiagent systems and technologies, complex adaptive systems, etc. Software applications will remain to be the basis for improving user experiences, implementing new technologies, and achieving digital manufacturing.” — Arun Krishnamurthi, CEO & MD, AXISCADES Technologies Ltd.