Have you heard about the fourth industrial revolution? Do you know what Industry 4.0 is ? This term refers to the transformation we are currently experiencing with the digitalization of businesses and the implementation of new technologies to make companies leaner, more productive, innovative and efficient in their business intelligence and digital planning.
In this article, you will gain a better understanding of what Industry 4.0 is and how its technologies can help your business evolve, modernize and reach new markets.
What is Industry 4.0?
The first industrial revolution was nepal number dataset by mechanization, using water and steam. The second was the era of mass production and assembly lines, using electricity. The third was characterized by the adoption of computers and automation in companies.
Now, in the fourth industrial revolution, we are at a point where we are enhancing some of the methodologies and technologies of the third industrial wave, adding autonomous systems powered by data and machine learning, among other things.
Thus, Industry 4.0 provides a combination of cyber-physical systems, Internet of Things (IoT), virtual and augmented reality, among other innovations to result in the so-called smart factory, characterized by greater efficiency, reduction or elimination of waste, greater productivity and connectivity between people, systems and machines.
All of this will increasingly help businesses to act predictively, to have more agile and assertive decision-making processes, to anticipate failures and threats, to extract intelligence and opportunities from the analysis of large volumes of data, to have safer and leaner operations, among other benefits.
The main innovations of Industry 4.0
It may seem like science fiction, but it isn't! In fact, in countries like Japan and Germany, where the concept of what Industry 4.0 is and its potential is more mature, the adoption of these technologies is already quite common.
In this fourth revolution, we are faced with a range of new technologies that combine the physical, digital and biological worlds. These technologies have great potential to dramatically improve business efficiency and help regenerate the natural environment through better asset management, reversing the damage caused by previous industrial revolutions.
Next, discover the main technologies that are part of this fourth industrial revolution.
Internet of Things (IoT)
Broadly speaking, the Internet of Things refers to the connection of the Internet to physical objects, machines, and even environments with electronic devices. This connection makes it possible to remotely take control of these devices.
Through its automated connectivity, data collection and storage do not need to involve human activities. This enables high and sophisticated levels of data consolidation. This is why IoT is already widely used in retail and industry.
What is Industry 4.0?
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