Opportunity in Information Technology with Industry 4.0
The world of manufacturing is changing. To survive and succeed now, you have to be willing to invest in Industry 4.0. This article will help you get clear what/Why & How its beneficial to IT Professionals.
Evolution of Industry from 1.0 to 4.0
Before excavating too much deeper into the what, why, and how of Industry 4.0, it’s beneficial to first understand how exactly manufacturing has changed since the 1800s. There are four distinct industrial revolutions that the world either has experienced or continues to experience today.
The First Industrial Revolution
The first industrial revolution happened between the late 1700s and early 1800s. During this period of time, manufacturing changed from focusing on manual labor performed by people and aided by work animals to a more optimized form of labor performed by people through the use of water and steam-powered engines and other types of machine tools.
The Second Industrial Revolution
In the early part of the 20th century, the world entered a second industrial revolution with the introduction of steel and use of electricity in factories. The introduction of electricity enabled manufacturers to increase efficiency and helped make factory machinery more mobile. It was during this phase that mass production concepts like the assembly line were introduced as a way to boost productivity.
The Third Industrial Revolution
Starting in the late 1950s, a third industrial revolution slowly began to develop, as manufacturers began incorporating more electronic—and eventually computer—technology into their factories. During this period, manufacturers began experiencing a shift that put less emphasis on analog and mechanical technology and more on digital technology and automation software.
The Fourth Industrial Revolution
In the past few decades, a fourth industrial revolution has developed, known as Industry 4.0. Industry 4.0 takes the weight on digital technology from recent decades to a whole new level with the help of inter connectivity through the Internet of Things (IoT), access to real-time data, and the introduction of cyber-physical systems. Industry 4.0 offers a more comprehensive, interlinked, and complete approach to manufacturing. It connects physical with digital, and allows for better collaboration and access across departments, partners, vendors, product, and people. Industry 4.0 empowers business owners to better control and understand every aspect of their operation, and allows them to leverage instant data to boost productivity, improve processes, and drive growth.
Industries 4.0 refers to the intelligent networking of machines and processes for industry with the help of information and communication technology
The Fourth Industrial Revolution - HOW Beneficial to IT Professionals
There are hundreds of concepts and terms that relate to Information Technology (IT) and Industry 4.0, but here are 10 technology to know before you decide whether you want to invest in Information Technology to upgrade your knowledge and get 4.0 Opportunity.
- IoT: IoT stands for Internet of Things, a concept that refers to connections between physical objects like sensors or machines and the Internet.
- IIoT: IIoT stands for the Industrial Internet of Things, a concept that refers to the connections between people, data, and machines as they relate to manufacturing.
- Big data: Big data refers to large sets of structured or unstructured data that can be compiled, stored, organized, and analyzed to reveal patterns, trends, associations, and opportunities.
- Artificial intelligence (AI):Artificial intelligence is a concept that refers to a computer’s ability to perform tasks and make decisions that would historically require some level of human intelligence.
- Digitization:Digitization refers to the process of collecting and converting different types of information into a digital format.
- Smart factory:A smart factory is one that invests in and leverages Industry 4.0 technology, solutions, and approaches.
- Machine learning:Machine learning refers to the ability that computers have to learn and improve on their own through artificial intelligence—without being explicitly told or programmed to do so.
- Cloud computing:Cloud computing refers to the practice of using interconnected remote servers hosted on the Internet to store, manage, and process information.
- Real-time data processing:Real-time data processing refers to the abilities of computer systems and machines to continuously and automatically process data and provide real-time or near-time outputs and insights.
- Cyber-physical systems (CPS): Cyber-physical systems, also sometimes known as cyber manufacturing, refers to an Industry 4.0-enabled manufacturing environment that offers real-time data collection, analysis, and transparency across every aspect of a manufacturing operation.
Now that you have a better understanding of some of the core technology related to Industry 4.0, you’re ready to dig deeper into and grow your Career & business.
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