Transforming Manufacturing By Creating A Smarter Environment

Transforming Manufacturing By Creating A Smarter Environment

- Thiagarajan N

Introduction

Industry 4.0 is the topic very popular today because of its big influence on manufacturing. The phrase ‘Industry 4.0’ has been in use for a few years, but has started to gather more traction only in the last year or two in the form of Digitization. Now, as it gathers force, Industry 4.0 looks ever more likely to come to life and businesses should prepare to make the most of the opportunities it presents and deal with the impact.

Industry 4.0 is focused on creating smart environment in the manufacturing process.

The Manufacturing sector is an important pillar of our economy, and digital manufacturing is a Key enabler to ensure competitiveness for the sector. It contributes between 25 to 30% of our GDP.

Industry 4.0 is focused on creating intelligent products, processes and procedures. The essence of the industry 4.0 is in the Internet of Things and Internet of Services.