Factories are becoming interconnected environments where machines can communicate autonomously, optimize operations, and predict maintenance needs, significantly reducing downtime and operational costs. By leveraging data-driven insights, manufacturers can streamline supply chains, improve product quality, and accelerate innovation cycles, ultimately creating more personalized and sustainable production solutions.
As businesses embrace Industry 4.0, they not only enhance their competitive edge but also contribute to a more responsive and resilient manufacturing landscape. Highlighting the same. We have industry insights from Manish Jha, CIO, Addverb Technologies; Arindam Lahiri, CEO, Automotive Skills Development Council and Sombabu Gunithi, AVP- Digital Engineering, Moschip Technologies; Pinkesh Kotecha, Chairman and Managing Director, Ishan Technologies
Benefits of Industry 4.0 Technologies
According to Sombabu Gunithi, the notion of Industry 4.0 is a major change in how manufacturing processes are designed, monitored, and optimized. It combines physical manufacturing with digital technologies like IoT, AI/ML, and automation. This merger converts old-fashioned manufacturing settings into highly connected, data-focused systems, enabling unparalleled precision, efficiency, and flexibility.
A crucial element of this change involves moving from separate production units to connected, cooperative systems. In conventional manufacturing configurations, machines function autonomously while human operators supervise manually. On the other hand, Industry 4.0 allows machines to communicate seamlessly, provide real-time data and predictive analysis, enhanced supply chain visibility, catering to all the challenges faced on the production floor.
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