Since the 1800’s we have had 3 industrial revolutions. The engine of that revolution was always the advent of groundbreaking technology. The result a complete change in the way we work and think. The fourth industrial revolution got the addition 4.0. This one takes automation and computer applications to another dimension The result: a complete change in the way we work and think.
Industry 4.0 is built on nine technology pillars. These innovations bridge the physical and digital worlds and make smart and autonomous systems possible. Businesses and supply chains already use some of these advanced technologies, but the full potential of Industry 4.0 comes to life when they’re used together.
The 9 pillars of Industry 4.0
- Big Data and AI analytics
- Horizontal and vertical integration
- Cloud computing
- Augmented reality (AR)
- Internet of Things (IoT)
- Additive manufacturing / 3D printing
- Autonomous robots
- Simulation / digital twins
There’s a broad portfolio of Industry 4.0 solutions in the market, helping thousands of companies transform their digital supply chain—reinventing production, focusing on customers, and connecting their entire organization.
What are the first steps to take your industry tot he 4.0 level?
A good first step is to audit and analyze existing processes, assets, and business systems. This will tell you where you are, help establish priorities, and even identify quick wins. Industry 4.0 solutions will result in significant benefit and impact across every area of your business. It is more than just an IT upgrade, so you should also ensure that you have executive buy-in and engagement.
Read the full article on Industry 4.0 on SAP Insights.