Industry 4.0 – What’s all the buzz behind the term?

 In Accelerite Blog

Industry 4.0 is a term popularly used for the fourth industrial revolution. It follows the three phases in manufacturing: the use of water/steam power, electric power and computing power. Industry 4.0 uses heavy automation, and involves exchange of data in manufacturing environments such as factories, supply chain and logistics like never before. The concept embraces cutting-edge technologies such as cloud computing, big data, cyber-physical systems (CPS), robotics, augmented reality and the Internet of Things (IoT).

Dean Hamilton, Accelerite’s GM of IoT business, breaks down the term to go behind the buzz in his article, Industry 4.0 – Building the IIoT Ecosystem the Right Way. He observes that Industry 4.0 will transform manufacturing significantly in the months and years to come.

Technologies Behind Industry 4.0

Using technologies such as IIoT, manufacturers companies will be able to build and operate smarter factories. They will include heavy use of robots that utilize technologies such as artificial intelligence, augmented reality, and 3D printing. These solutions will equip manufacturing facilities with capabilities to be agile, precise and to reduce inefficiencies like never before. Virtual reality and 3D printing will further enable these smart factories to personalize and customize products for individual customers. Instead of churning out products on a predefined schedule, factories will deliver products just-in-time based on customer demand.

Platform for API and Integration

APIs will play a key role in the creation and development of the required partner ecosystems around Industry 4.0. That will require an IoT Platforms such as Accelerite Concert. IoT solutions for manufacturing will enable APIs, big data, and machine learning that are at the heart of Industry 4.0. Managed platform as a service (PaaS) model will account for different sources and types. Due to this, applications can be quickly reconfigured by business analysts instead of programmers.

Dean’s advice for IT executives is to look at these technologies and help prepare their organizations for what’s to come. The shift to Industry 4.0 is nothing less than dramatic, and they cannot afford to get a late start. Read the full article here.

Read through some articles on IoT in Medication Management, IIoT, and Machine learning – https://accelerite.com/resources/newsletter/concert-nurture-newsletter-may-2017/

 

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