“Industry 4.0 marries advanced manufacturing techniques with the internet of things to create manufacturing systems that are not only interconnected, but communicate, analyse and use information to drive further intelligent action back in the physical world,” he says.
As a result of the support of smart machines that keep getting smarter as they get access to more data, our factories will become more efficient and productive and less wasteful“This revolution is largely driven by four specific technological developments: high-speed mobile Internet; AI and automation; the use of big data analytics; and cloud technology.”
Forbes, the influential US finance magazine, says a combination of cyber-physical systems, the internet of things and the internet of systems are what make Industry 4.0 possible and the “smart factory” a reality. “As a result of the support of smart machines that keep getting smarter as they get access to more data, our factories will become more efficient and productive and less wasteful,” it says.
“Ultimately, it’s the network of these machines that are digitally connected with one another and create and share information that results in the true power of Industry 4.0.”
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