A term we hear more often is industry 4.0. What does this term really mean and what does it entail? Are all companies going to have to undergo this new revolution? What automations will it bring?
With the advent of industry4.0, companies have been able to implement automations that led to a more efficient production process within all supply chain processes. The new trends such as Internet of Things (IoT), Artificial Intelligence (AI), Virtual Reality (VR) and Big Data make up the whole of Industry 4.0.
New technological innovations
Internet of Things is something we hear about more often and is increasingly present in our living world. IoT uses the Cloud to connect everything to the Internet: this can range from logistics management a Track & Trace to wearables technology for the medical sector. Using this technology, many devices can observe the environment and report all the data to eventually automate product controls such as audits.
When we look further within the manufacturing world, we see that Artificial Intelligence (AI) goes further and recognizes more complex cases, executes information and creates insights. With AI, computers perform all the tasks that would normally require human intelligence. It has made its appearance in the manufacturing world and will continue to expand into the smart, connected factory in the future.
Virtual Reality (VR) displays a clear simulation of the world that provides a digital experience, while Artificial Intelligence (AI) recognizes and executes complex cases. A concrete example here is Google Translate’s scanning function that instantly translates scanned text or when you speak something through the microphone and it immediately displays in the app.
Within the tech industry, there is also a strong increase in devices with an IP address. Data quantity such as smart cameras, sensors, voice recognition, that used to be almost never accessible, but also holds so much value.
In addition to these new technologies, there are many other things such as: the Cloud that gives access to the apps and data stored in a network via internet connection. A secure and transparent way to record and share data is Blockchain technology. Within the logistics sector, this is an essential component to make all supply chains traceable.
The benefits of manufacturing 4.0
Optimization of the production process: With the advent of industry 4.0 or Smart Industry, both factories and operators become a lot more autonomous and have a more flexible and better process. All parts of the production process communicate better with each other and are replaced with new ones to obtain an optimized production process.
More efficient analyses: Smart Industry allows factories to save a lot of time through new analytics. This ultimately leads to an increase in the production process and an increase in production growth.
Qualitative data: The collection of all this data can be perfectly applied to perform analysis. A lot of knowledge can be gained from this.
Live tracking: With the help of the live tracking of the production process, all goods to be produced can be followed uniquely and last-minute adjustments can be made if problems occur at suppliers or internally in the company.
Delivery reliability: Lead times are reduced and this ensures that reliability goes up. By providing customization to the customers, the high quality will be visible.
Changes within companies
Nowhere is the rotation of Industry 4.0 more palpable than in manufacturing companies. New technologies such as AI and Big Data are influencing increased automation within the manufacturing industry.
Not only are companies affected by this, but the customer experience is changing as well. People expect that with the advent of industry 4.0, communication between the company and the customer will be more interactive, making connectedness and personalized services a high priority.
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