Industry 4.0 International MegatrendsDecember 23, 2021
Industry 3.0 was a huge upswing where the Industries are administered by the computes, electronic systems, information systems, and automation. This era was known for robotic because human tasks are highly performed by robotics but the involvement of humans was also there in automation. E.g., Use of Programmable Logic Controllers, Robots, ICTs (In-circuit test ) electronics, etc.
Industry 4.0 is known as the digitization/digitized era, where the industries are transformed with smart machines/ assets, sensors, and smart data collection processes. The IIoT is leading this whole era with other technologies like Artificial intelligence, big data, cloud computing, and CPS ( Cyber-physical system ). It improves automation, connectivity, and achieving higher productivity, quality, and efficiency. With this industry 4.0, the smart factories have the ability to achieve some advancements like predicting failures before it occurs (in case of any machines/assets failures) and accomplish it autonomously and also even take a decision within minutes to hours based on real-time as well as achieve competitive advantage.
Industry 3.0 vs Industry 4.0
Reference: Marina et al, From Concept to the Introduction of Industry 4.0, International Journal of Industrial Engineering and Management, 2017, Vol.8, No. 1, pp-21-30
The changes are focused on the life cycle of a product, rather than the production process.
Lean production has been changed into smart production. Wherein smart production leaders will make decisions according to the information, not just according to the experience. Industry 3.0 was focused on saving money but in 4.0 it is about creating new revenue streams rather than saving money. When coming to Information Technology (i.e.,) IT, the information system has previously been linked to the process, but now is linked to the product. Unique packages are changing to integrated systems that connect all the information. Simple information systems are changing to the smart platform. Instead of deciding on basis of events that have already passed, decision-making is based on the information. Cooperation and communication are carried out through the infrastructure rather than through defined communication channels.
The transformation from Industry 3.0 to 4.0 needs the workforce to upskill themselves to learn and adapt to the new technologies, as well as to be efficient to the new job roles in industry 4.0.
Check your industry 4.0 competency level with following free self-assessment tool:
So, to upskill yourself, or your workforce or to start a career in industry 4.0, The Factory Science Diploma in Industrial Digitization Program helps for the successful transformation.
Lets us look forward to the future on what the changes/revolution industry 5.0 will bring in.
For regular updates:
Please share this article to accelerate awareness about industry 4.0.