Industry 4.0 - Current Status and Future Trends 2020
DOI: 10.5772/intechopen.90068
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Industry 4.0 - What Is It?

Abstract: The industry 4.0 is a new industrial model that characterizes the Fourth Industrial Revolution. This advanced manufacturing model is represented by intelligent, virtual, and digital performance in large-scale industries and emerges as a disruption to the three industrial revolutions that occurred before it. The new industrial model itself includes a factory-wide integrated structure and potential technologies in various areas of industry activity, and these technologies are intrinsic to industry 4.0 design pri… Show more

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Cited by 12 publications
(5 citation statements)
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“…If the velocity of data is high, then such data is termed "big data". With the advent of several disruptive technologies like the internet of things (IOTs), and cyber-physical systems as evident in industry 4.0-an advanced manufacturing model used to refer to modifications linked to automation fields fused with information technology, and driven by knowledge, experimentation, and innovation 8,22 -this characteristic of big data has become more ubiquitous 8,23 . Additionally, this feature of big data imposes a strain on computational resources as a result of the fast pace at which the data is generated, thus requiring real time analysis of data for veritable decision making.…”
Section: Characteristics Of Big Datamentioning
confidence: 99%
“…If the velocity of data is high, then such data is termed "big data". With the advent of several disruptive technologies like the internet of things (IOTs), and cyber-physical systems as evident in industry 4.0-an advanced manufacturing model used to refer to modifications linked to automation fields fused with information technology, and driven by knowledge, experimentation, and innovation 8,22 -this characteristic of big data has become more ubiquitous 8,23 . Additionally, this feature of big data imposes a strain on computational resources as a result of the fast pace at which the data is generated, thus requiring real time analysis of data for veritable decision making.…”
Section: Characteristics Of Big Datamentioning
confidence: 99%
“…Its conception was the result of a joint effort of five universities with the joint ambition to strengthen the competitiveness and innovativeness of the manufacturing industry in Sweden. As digitalisation continues to transform the fundamental conditions and opportunities for industry, keeping up with these developments requires new knowledge, inspiration and innovation [1,2]. Smart Industry Sweden aims at developing knowledge and understanding that equips the participants and the manufacturing industry at large for the digital transformation -to achieve a smart industry in Sweden.…”
Section: Introductionmentioning
confidence: 99%
“…Industry 4.0 (I4.0) involves the digital transformation and the integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), big data (BD) analytics, augmented/virtual reality (A/VR), smart sensors, simulation, cybersecurity, cloud computing, and robotics to improve productivity, efficiency, flexibility, and connectivity in manufacturing and industrial processes [1]. The specific outcomes of this integration are efficient real-time data exchange and predictive maintenance, decentralized decision making, the fast customization of products and services, cyber-physical systems (CPSs), additive and cloud manufacturing, "digital twins", smart factories, and industrial IoT [2,3]. Thus, I4.0 can be defined as the "digitalization of the manufacturing sector, with embedded sensors in virtually all product components and manufacturing equipment, ubiquitous CPSs, and analysis of relevant data" [4].…”
Section: Introductionmentioning
confidence: 99%