What Is Industry 4.0 and How Did We Get Here? With MIT Professor David Hardt.
Industry 4.0, also known as the Fourth Industrial Revolution, refers to the current trend towards the integration of advanced technologies, such as artificial intelligence (AI), the Internet of Things (IoT), and robotics, into industrial processes. These technologies are being used to automate and optimize production and supply chain processes, leading to improvements in efficiency, accuracy, and speed.
Industry 4.0 is the latest stage in the evolution of industrial production, which has undergone several major transformations over the past two centuries. The First Industrial Revolution, which began in the late 18th century, was characterized by the adoption of steam-powered machinery and the development of factories. The Second Industrial Revolution, which took place in the late 19th and early 20th centuries, was characterized by the introduction of electricity and the development of mass production techniques. The Third Industrial Revolution, which began in the mid-20th century, was characterized by the adoption of computers and automation.
Industry 4.0 builds on these earlier revolutions and represents a new phase of development in which advanced technologies are being integrated into industrial processes on a larger scale. This integration is being driven by the increasing availability of data and the ability to analyze and use it to optimize and automate processes.
Overall, Industry 4.0 represents a significant shift in the way that industrial production is organized and carried out, and has the potential to transform a wide range of industries.
Industry 4.0, IoT and Automation Training
- Alibaba’s Secret ‘Smart Factory’ Could Revolutionize Manufacturing.
- Enabling the autonomous supply chain with IoT, AI and Blockchain.
- Future Manufacturing: Toyota Innovation, Robotics, Artificial Intelligence.
- How It Works: Internet of Things IoT.
- Internet of Things IoT Logistics: Connected World.
- Modern Warehouse Automation For the Next Level.
- Need Blockchain Training? Try these resources.
- Need Internet of Things IoT Training? Try these resources.
- SCM Resources by Topic & Supplier.
- Supply Chain Automation and the Next Level of Supply Chain Robotics.
- Supply Chain IoT.
Industry 4.0 and IoT Quotes
- “From conceptual standpoint, IoT is that ability to create digital awareness of the physical world we live in. It’s a digital pulse made up of data that we can aggregate to improve the world around us.” ~John Rossman
- “The internet is no longer a web that we connect to. Instead, it’s a computerized, networked, and interconnected world that we live in. This is the future, and what we’re calling the Internet of Things.” ~Bruce Schneier
- “Smart homes and other connected products won’t just be aimed at home life. They’ll also have a major impact on business. And just like any company that blissfully ignored the Internet at the turn of the century, the ones that dismiss the Internet of Things risk getting left behind.” ~Jared Newman
- “If you think that the internet has changed your life, think again. The Internet of Things is about to change it all over again!” ~Brendan O’Brie
- For most, however, these concepts feel quite distant from today’s reality where many plants have yet to fully adopt the automation technologies of Industry 3.0.” ~Adrian Jennings
- “Industry 4.0 isn’t going to just change manufacturing it is going to completely disrupt it. In the not so distant future if you aren’t part of Industry 4.0 you won’t be in business.” ~Dave Waters
- “With the IoT, we’re headed to a world where things aren’t liable to break catastrophically – or at least we’ll have a hell of a heads’ up. We’re headed to a world where our doors unlock when they sense us nearby.” ~Scott Weiss