The Industry 4.0 Ecosystem
- Overview
Industry 4.0 is a manufacturing ecosystem that uses the latest technologies to revolutionize how companies manufacture, improve, and distribute their products. It connects manufacturing systems to the Internet of Things (IoT) and the industrial Internet. This enables machines to communicate with one another and make intelligent decisions based on the system's algorithm.
Industry 4.0 comprises nine main elements:
- IoT
- Cybersecurity
- Cloud computing
- Horizontal and vertical integration
- Systems
- Additive manufacturing
- Augmented and virtual reality
- Big data and business analytics
- Autonomous robots
- Simulation
Industry 4.0 aims to develop a work environment where teamwork is a key feature, not only for businesses, but also for individuals.
The Industry 4.0 Ecosystem involves leveraging the latest technologies, digital capabilities, the unprecedented dissemination of IoT (the Internet of Things) and the incredible ability to tap into data anywhere and everywhere in the Supply Chain.
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