Industry 4. 0 is a term that is being bandied about very frequently, yet even the most skilled of machinist and industrial workers probably have no real clue what the term actual means.
Industry 4.0 is the “Fourth Industrial Revolution.” It is the current trends that are being used in data, automation and new technology in manufacturing and industry.
Industry 4.0 is inclusive of things such as:
- Internet of Things
- Cloud Computing (a new term for an old idea and methodology)
- Cyber/Physical Systems.
The Industry 4.0 offers what is known as a smart factory. These smart factories provide for systems that can monitor the physical processes, make copies of the physical world and make their own decisions.
Using IoT, the cyber physical systems can cooperate and communicate and facilitate decision making in real-time so that humans and machines can interact with each other and create added value in the industrial process.
The term Industry 4.0 comes from a project undertaken by the German government that promoted manufacturing and computerization in one.
The First Industrial Revolution brought about the mechanization of production utilizing water and steam power. The Second Industrial Revolution brought about mass production and used the power of electricity. The digital revolution came about, the Third Industrial Revolution that allowed us to use IT and electronics to automate the factory even further.
Now, the power of electricity, electronic, internet of things and multiple other technological advances are bringing about a new industrial revolution that will further enable us to create better products, to do so more quickly, more readily and more inexpensively.
This is Industry 4.0 !
Is Industry 4.0 a term that you’re familiar with, we hear it’s a familiar term in Germany but what about the rest of the world? We’d love to hear your comments on that or anything else.