The Smart Factory, or the Industry 4.0, as it is popularly known is the revolution of automation and connected devices. The first revolution in the history of mankind, which set the pace for development, was the invention of the wheel, followed by the electricity, and the third was the invention of the computer.
How it all began
Based on the ground laid by the previous revolutions, the next big revolution, the Industry 4.0 is equipped with robotics connected virtually to multiple computer systems that are powered by the machine learning algorithms, which operate with little to no external human interference.
This revolution is redefining the way every industry operates and how organizations across the globe function. Industry 4.0 introduces what we call the "Smart Factory", which is the merge of the cyber-physical systems monitoring the physical activities by applying the theories of Information and Communications Technology (ICT), such as the Internet of Things (IoT), to energy, logistics, and Internet of Vehicles (IoV).
Automation and the Manufacturing Industry
The Manufacturing Industry is at the core of this revolution as machine learning transforms the manual work to a more plug-and-play mode. The inherent advantage of the Revolution 4.0 process is its applicability in dangerous working environments, where the health and safety of the human workers involved could be enhanced drastically. Supply chains could be more organized and controlled at every level of the manufacturing process, and the delivery quality could be made more uniform and not influenced by external factors that might impact a human worker's productivity. In other words, the reduction of human interference in the manufacturing and production phase also reduces the possibility of human error and the time taken for the completion of each task. This, in turn, increases the productivity and efficiency of each resource.
Data security and Transparency
In the world of IoT, ICT, and IoV, data is created, stored, and transmitted virtually, and this creation of virtual data of the physical world through sensors ensures transparency of information. For instance, every block of data on a block chain creates and maintains records of transactions which can be monitored and used for future reference. The virtual presence of data also makes it more accessible and secure as compared to data that is created and maintained in physical formats.
However, just like in the case of any new technology adoption, there is some resistance to the adoption of automation in the manufacturing industry. But most of it stems from the fact that there is a systemic lack of people with experience needed to create and implement these technologies to practice. This apart, there are no major reasons for the general resistance to adoption of this revolution as it possesses many advantages like the high degree of reliability and stability in production that it has to offer.
Industry4.0 Technology Conference
The Indian Technology Congress was designed and developed with the vision to shape fellow-citizens into leaders, by sharing valuable insights on how Industry 4.0 would emerge as an international platform for knowledge syndication. Thought leaders, industry pioneers, and over 1000 high-level executives come together to share their thoughts, insights, and experiences with other innovators, technology buyers, solution providers, and business and academic research leaders.
Indian Technology Congress 2017 offers a unique International Knowledge Exchange platform for India's Business Research and Academic Leaders to collaborate with Policy-makers and the Government by building an environment that promotes engineering innovation.