About Industry 4.0

ABOUT INDUSTRY 4.0 



Industry 4.0 is the digital transformation of manufacturing/production and related industries and value creation processes.

Industry 4.0 is used interchangeably with the fourth industrial revolution and represents a new stage in the organization and control of the industrial value chain.

Cyber-physical systems form the basis of Industry 4.0 (e.g., ‘smart machines’). They use modern control systems, have embedded software systems and dispose of an Internet address to connect and be addressed via IoT (the Internet of Things). This way, products and means of production get networked and can ‘communicate’, enabling new ways of production, value creation, and real-time optimization. Cyber-physical systems create the capabilities needed for smart factories. These are the same capabilities we know from the Industrial Internet of Things like remote monitoring or track and trace, to mention two.

Industry 4.0 has been defined as “a name for the current trend of automation and data exchange in manufacturing technologies, including cyber-physical systems, the Internet of things, cloud computing and cognitive computing and creating the smart factory”.

Industry 4.0 is a vision that evolved from an initiative to make the German manufacturing industry more competitive (‘Industrie 4.0’) to a globally adopted term.

Industry 4.0 is often used interchangeably with the notion of the fourth industrial revolution. It is characterized by, among others, 1) even more automation than in the third industrial revolution, 2) the bridging of the physical and digital world through cyber-physical systems, enabled by Industrial IoT, 3) a shift from a central industrial control system to one where smart products define the production steps, 4) closed-loop data models and control systems and 4) personalization/customization of products.

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