INDUSTRY 4.0 AND ITS APPLICATIONS

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INDUSTRY 4.0 AND
ITS APPLICATIONS
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AGENDA

• What is Industry 4.0?
• The Evolution of Industry from 1.0 to 4.0
• How is Industry 4.0 used in manufacturing?
• Real-world examples of Industry 4.0 technologies
• What are the benefits and challenges of Industry
  4.0?

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What is Industry 4.0 ?

• Industry 4.0 is a concept related to the fourth
  industrial revolution (4IR) which is associated
  with the advancements of cyber-physical systems.
  It describes the rise of automated systems and
  data exchange technology with in the
  manufacturing industries.

• Industry 4.0 examples

• The Internet of Things
• The Industrial Internet of Things (IIoT)
• Artificial Intelligence

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The Evolution of Industry from 1.0 to 4.0

• Industry 1.0

• Mechanical production facilities were introduced
  to the world in the late 18th century, paving the
  way for steam-powered machines to help workers in
  manufacturing. The concept of Industry 1.0 is
  also deemed as the beginning of industry culture.

• Industry 2.0

• Industry 2.0 began at the start of the
  20th century with the development of machines
  running on electrical energy. The first assembly
  line was built during this era, further
  streamlining the process of mass production.

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The Evolution of Industry from 1.0 to 4.0

• Industry 3.0

• Industry 3.0 was centralized around the advances
  in the electronics industry in the last few
  decades of the 20th century. As expected, the
  automation of machines and introduction of
  advanced software systems has evolved over the
  years as advancements are made in the electronics
  and IT industries.

• Industry 4.0

• Industry 4.0 as a concept was introduced in the
  1990s as the internet and telecommunications
  transformed the way we connected and exchanged
  information. This technology merged the
  boundaries of the physical and virtual world
  further to manufacturing, introducing of new
  technologies into the industry.

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How is Industry 4.0 used in manufacturing ?

• Supply Chain Management

• Industry 4.0 technologies allow businesses to
  have greater insight, control, and data
  visibility over their supply chain. Smart
  manufacturing means companies can deliver
  products and services faster, cheaper, and with
  better quality. 

• Predictive Maintenance

• Industry 4.0 solutions and a connected factory
  floor can be used to predict potential downtime
  in machinery before it occurs and also sense
  problems before they arise and can even provide
  insight on how to solve issues before they become
  a problem.

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How is Industry 4.0 used in manufacturing ?

• Tracking and Optimization

• Industry 4.0 related technology makes it easier
  for businesses to track inventory, quality, and
  optimization opportunities related to logistics.
  Connected manufacturing and the IoT provides
  employees with visibility over company assets
  worldwide. Standard asset management tasks such
  as asset transfers, disposals, reclassifications,
  and adjustments can be streamlined and managed
  centrally and in real-time.

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Real-world examples of Industry 4.0 technologies

• Industrial Internet of Things

• Big Data Analytics

• Cybersecurity Technology

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What are the benefits and challenges of Industry
4.0?

• Benefits

• Reduce maintenance planning time by 20-50
• Diminish total maintenance costs by 5-10
• Increase equipment uptime and availability by
  10-20

• Challenges 

• Difficulties integrating data from various
  sources to enable connectivity
• Lack of knowledge about Industry 4.0, vendors,
  and IT outsourcing partners
• Difficulty selecting third-party vendors for
  hosting and operationalizing data

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.THE END