Industry 4.0 is a concept that provokes the interest of every modern manufacturer putting it among the most important elements of their everyday agenda. Everyone is talking about Industry 4.0 and how digital technology is changing people’s lives, but what is the real meaning behind this term? Keep reading to find out.
Industry 4.0, or also known as the Fourth Industrial Revolution, is characterized by the use of communication and information technologies in industry. It builds on the developments of Industry 1.0 (mechanisation), Industry 2.0 (production) and Industry 3.0 (automation), and represents an integral part of manufacturing, having the power to create numerous competitive advantages, opportunities for growth and advances in factory environments.
There’s no doubt that Industry 4.0 is a game-changer and has the necessary potential to change entirely the way people work and make it more efficient. The digitalization of the manufacturing environment transforms the way how goods are created and delivered and allows more flexibility. For example, this includes machines that are able to foresee failures in a production chain and start the maintenance process which is required on their own, or autonomous logistics which respond to unexpected changes in manufacturing process.
Though the Fourth Industrial Revolution brings added value for manufacturing enterprises, many of them face difficulties in the full-scale adoption of Industry 4.0 since often their knowledge on business fundamentals and the implementation stages of this process is limited.
Reflecting on this, one of the European Commission’s priorities for the period 2019-2024 is „A Europe fit for the digital age“, meaning that the Commission is taking a number of steps to facilitate the implementation of the EU’s digital strategy in order to transform the way of work for people and businesses, making this Europe’s „Digital Decade“.
One of project DTAM’s goals is to leverage Industry 4.0 technologies such as Big Data and Machine Learning to aid workers and students in their Advanced manufacturing career. Stay tuned to learn more about that in the coming months.
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