Industry 4.0: What is it and how is it integral to my business?

Thursday, October 17, 2019

Industry 4.0, also referred to as the Industrial Internet of Things (IIOT), is the innovative practice of combining business intelligence and big data with traditional physical manufacturing, resulting in what is known as Smart Manufacturing.

Industry 4.0, also referred to as the Industrial Internet of Things (IIOT), is the innovative practice of combining business intelligence and big data with traditional physical manufacturing, resulting in what is known as Smart Manufacturing. 

This collaborative framework approach is performed by using connected devices which are continually retrieving real-time data and instantly implements this information autonomously; to allow for valuable corrective and predictive decisions. The information can be adapted to ensure manufacturing production not only performs at its peak level but remains ahead of your competitors.

Industry 4.0 reduces the need for reactive measures after problems occur and assists to identify and quash them before they even arise. Every machine and sensor in a production facility and its affiliates is connected either wirelessly or hardwired directly through a secure network and the data is conveniently accessible from computers, tablets and even smartphones. This continual connection ensures minimal downtime and a lightning-speed efficiency. 

Key benefits include:

  • Improvements in factory automation and robotics, and efficient communications between machines and machines to humans
  • Real-time connectivity between manufacturers, supply chains and customers
  • Increased flexibility and time for businesses to explore and invest in new and varied product services; to meet burgeoning consumer demands and compete successfully on a global stage
  • Enhanced workplace safety

Industry 4.0 enables businesses to closely follow, control and understand every aspect of their operation; and allows them to leverage their valuable data instantly to increase productivity, embrace and adopt new and innovative manufacturing processes as well as boost profits and overall growth.  

< Back to post list
Keep up to date – Sign up for our newsletter