Industry 4.0 or The fourth industrial revolution comes to transform companies in the way we develop, produce, manage and consume products. This term originates from a project in the high tech strategy of the German government in 2010 bringing a new trend connecting and automatically integrate things and processes to form cyber physical systems.
It is evident that huge changes is been happening at exponential speed around us every day throughout big data. However, these changes are significant and come to streamline industrial processes reaching a perfect production wherein the typical challenges in the manufacturing sector – machine failures, product defects, scrap – are eliminated, helping manufacturers to operate as efficiently as possible.
Several high tech benefits are linked to the production processes in the industries like:
• Higher productivity and agile processes;
• Product customization;
• Increase revenues: the opportunity for the smart factory to supply higher value and better quality products to larger markets means that customer loyalty and more stable contracts can be achieved.
• Better workplace: industry 4.0 is a Human-Technology Symbiosis in manufacturing. Staff are valued and supported by the addition of technology to their functional operations, and ability to work remotely;
• Improved communication: detailed data is collected, stored, processed and shared, providing valuable information about every step of the planning and production stages. Prevents downtime or breakdowns and promote more connected work environment.
• Real time graphics;
The humans have the intelligence to think about new ideas to develop and improve our daily needs throughout automation and mechanization of things.
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