Industry 4.0, or the Fourth Industrial Revolution, introduces automation and data exchange in manufacturing technologies. This includes advancements such as smart integrated systems, the Internet of Things and cloud computing.
Given the large amount of data involved in real-time automation and control, cloud computing is a key component enabling the operational economy. Cloud computing offers on-demand network access to a shared pool of configurable computing resources, which can be rapidly deployed and released, providing flexibility and scalability in the management of such huge datasets, thus allowing companies to extract knowledge from raw data and respond more quickly and effectively to market requirements.
AI algorithms not only track system behaviors and system failures but also use huge volumes of cloud data to sift for possible optimization, thus minimizing costs and carrying out proactive prevention. ML, on the other hand, learns from new data to become more efficient, possibly changing the course of process optimization and innovation.
Such IoT devices generate massive amounts of complex data from humble infrastructure that is hidden underneath, which the Hub can use to refine its own processes and develop new services . This system underpins Siemens'Cloud computing is set to lead the way to Industry 4.0.
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Source: ForbesTech - 🏆 318. / 59 Read more »