In a nutshell, Industry 4.0 is deployment of significantly faster, more flexible, higher productivity & efficiency, and self-managing production processes where people , machines, equipment, logistics systems and work-in-process components communicate and cooperate with each other directly increasing competitiveness, resulting in high quality and low cost products.
Industry 4.0 is digital transformation applied to manufacturing – bringing with it all the change, opportunities and challenges that are required today.
Industry 4.0 connects the supply chain and the ERP system directly to the production line to form an integrated, automated and, potentially, autonomous manufacturing processes that make better use of capital, raw materials, and human resources.
According to a Boston Consulting Group (BCG) bcg.perspectives blog post:
"Industry 4.0 technologies represent a paradigm shift in industrial manufacturing that is comparable to the introduction of computer-aided design (CAD) systems that replaced analog technical drawing in the 1990s and the integrated CAD systems that subsequently combined the mechanical and electrical design of systems. Companies that failed to be among the early adopters of CAD systems could not keep pace with their competitors’ productivity increases."
Seems like a near perfect scenario of seamless integration that everyone looks to incorporate in a system, doesn’t it?
The factors that will help us execute this goal include:
- IOT (Internet of Things)
- IIoT ( Industrial Internet of Things)
- Robotics, Automation
- Sensor embedded systems
- 3D printing
- Virtual Reality
- Augmented Reality
- Big Data Analytics
- Artificial Intelligence
- Cloud computing
The key innovative technologies that we are looking for, to integrate industry 4.0 are :
- Networked and Cyber Data systems
- Smart devices and intelligent products for diagnostics, maintenance and industrial control.
- Data analysis tools, augmented reality, virtual reality, adaptive programming and other simulation devices
- Robotics and automated systems
- Additive manufacturing
Within India, the partnership eco-system is in the process of breaking ground. A case in example would be the CMTI-IISc-IMTMA collaborative proposal to address industry 4.0 issues related to development, deployment & training for the Indian machine tool industry. A demo cum try-out centre is proposed to be realized at CMTI, Bangalore.
While this futuristic goal is an ideal model that will enhance much more than just standards of living and development, transforming the present state of manufacturing to Industry 4.0 comes ridden with challenges.
Let’s discuss the challenges and pre-requisites to making Industry 4.0 a reality in India in my next post. Questions ? Please comment below.
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