INDUSTRY 4.0 – Thinking ahead

INDUSTRY 1.0- In the 1800s, water and steam powered machines were developed to aid workers. As production capabilities increased, business also grew from individual cottage industries to large production houses or factories.

INDUSTRY 2.0-By the beginning of the 20th century electricity became the primary source of power and eventually machines were designed with their own power sources, making them more portable. In this period, the development of a number of management programs evolved that made it possible to increase the efficiency and effectiveness of manufacturing facilities. Lastly, Just-in-time and lean manufacturing principles further refined the way in which manufacturing companies could improve their quality and output.

INDUSTRY 3.0- In the last few decades of the 20th century, the invention and manufacture of electronic devices, such as the transistor and, later, integrated circuit chips, made it possible to more fully automate individual machines to supplement or replace operators. In Industry 3.o IT and computer technology were used to automate processes.

INDUSTRY 4.0 -In the 21st century, Industry 4.0 connects the internet of things (IOT) with manufacturing techniques to enable systems to share information, analyze and control intelligent actions. It also incorporates cutting edge technologies including additive manufacturing, robotics, artificial intelligence and other cognitive technologies, advanced materials, and augmented reality.

Also known as the 4th Industrial revolution, Industry 4.0 involves the heavy use of automation and data exchange in manufacturing environment, encompassing areas such as cyber-physical systems (CPS), advanced analytics, the Internet of Things (IOT), 3D printing, and cloud computing, among others.

Our country’s thrust towards “Make in India” has taken cognizance of Industry 4.0 and begun its positioning in this space. Our first smart factory - moving from automation to autonomy where machines speak with each other, is being set up in Bengaluru at the Indian Institute of Science's Centre for Product Design and Manufacturing with a seed funding from The Boeing Company. This clearly indicates the fusion of real and virtual worlds of happening production.

So, Industry 4.0 is the 4th generation of the manufacturing and the smart industry which is enhanced through-

  1. FUSION TECHNOLOGY: A variety of technology are brought together in a single platform under the 4th industrial revolution. The 4th industrial revolution brings together the digital technology and the physical world to create a new range of production services.

  2. CONNECTIVITY: Billions of people are connected to reach other by way of technology. Technological connectivity is used to connect to billions of people around the world.

    For e.g. Mobile devices. As a part of the 4th industrial revolution mobile devices which have unprecedented processing power, storage capacity, and access to knowledge etc. are created. So, a different level or a higher level of these technological equipment’s are created which can connect the people from different parts of the world to each other.

  3. TECHNOLOGICAL BREAKTHROUGHS- The above two possibilities can be multiplied through emerging technology breakthroughs in the field of AI, Robotics, Internet of Things (IOT), autonomous vehicles, earth storage, 3D printing, quantum computing.

The 4th industrial revolution will happen in an exponential pace i.e. more and more rapid pace and for that reason it will penetrate more and more industry.

Kanchan Sharma

PGDM 2019-21

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