The Trending Technologies that Shape Industry 4.0

By StartUp City | Wednesday, June 24, 2020

Today, manual and mutually-isolated processes are giving way to an intelligent and controlled material flow in which all the components involved can communicate autonomously. This concept of Smart Factory puts forth an autonomous connection of individual production steps and stages powered by autonomous mobile robots (AMR), thereby allowing improved and seamless operations

Fremont, CA: It has been two centuries since the first industrial revolution, and we are in the course of the fourth one – Industry 4.0. The term Industry 4.0 was first coined on a German initiative to make their manufacturing industry computerized, and has since been evolved to become a globally adopted vision. For satiating the growing consumer demands, automation has already gained a rapid pace in Industry 4.0. Although the manufacturing and the allied industries have been hugely affected by the ongoing COVID-19 crisis, the supply and demand are forecasted to roll back to its upward trajectory after this crisis.

Industry 4.0 witnesses a transformation of the manufacturing and the allied industries driven by artificial intelligence (AI), big data, and the internet of things (IoT). AI has already made its way to the industries. Today, manual and mutually-isolated processes are giving way to an intelligent and controlled material flow in which all the components involved can communicate autonomously. This concept of Smart Factory puts forth an autonomous connection of individual production steps and stages powered by autonomous mobile robots (AMR), thereby allowing improved and seamless operations. It also opens the door to round-the-clock manufacturing and enhanced scalability. The accomplishment of Smart Factory will bring a pivotal shift for Industry 4.0 across various industries and verticals. Top 10 Startups in Singapore - 2020

However, the industries are still in the process of developing systems to efficiently interpret the big data volumes, which would be generated by these autonomous processes. The amount of data generated could overwhelm the systems in terms of bandwidth, storage, and computing. Edge computing would thus prove to be crucial as it can provide that ultra-low latency that this data surge demand. Edge computing can also provide cloud-free integration of the factory floor data with the enterprise resource planning (ERP) systems.

The COVID-19 pandemic has put a lot of strain on the manufacturing and the allied industries. While the industry is predicted to get back to its upward trajectory, many businesses would find themselves at the crossroads after the pandemic. Those who aren’t willing to adapt to the evolving technologies might find themselves left behind.

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