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Tech Trends 2020
DataQuest
|December 2019
What lies ahead in the indian IT sector in 2020
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Industry 4.0 to Revolutionise Manufacturing Landscape by 2025
Living in 2019, we have all come across the term ‘Industry 4.0’- the rise of new digital industrial technology. Industry 4.0 denotes the fourth industrial revolution which has emerged from the comprehensive networking and computerisation of all areas of production -Meenu singhal
Unlike Industry 3.0, that entailed solo machine and process automation, Industry 4.0 is an extension of that. Instead of single machine or process, industry 4.0 is about overall digitisation of equipment and processes, and further making it a part of a full-fledged digital ecosystem with value chain partners. It is a detailed blueprint to transform the relationship between humans and machines, with the ultimate goal of increasing quality and cost-efficiency.
Connectivity is not a new concept in the manufacturing process. But with the emergence of the new trends in the industry, be it Internet of Things, 5G, Augmented Reality/ Virtual Reality, AI or enterprise resource planning; the transformation of the supply change has become more real. As a result, even the manufacturing companies are identifying the massive impact of connectivity across the world. To leverage this digital revolution in the industrial production, and to cater to the ever-increasing demands of the consumers in the coming decade, it is time manufacturers add to the concept of smart factory.
Smart Factory
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