We must develop a comprehensive and globally shared view of how technology is affecting our lives and reshaping our economic, social, cultural, and human environments. There has never been a time of greater promise, or greater peril.

Klaus Schwab, Founder and Executive Chairman, World Economic Forum

Industry 4.0 makes the usage of next generation technologies like AI (artificial Intelligence), cloud computing, robotics, IoT (internet of things), and many more. So, Here we will talk about Industry 4.0 examples in real world-

The Fourth Industrial Revolution, also known as Industry 4.0, occurred as an evolutionary process of technological progress following the trends of the First Industrial Revolution. 

Unleash the power of Industry 4.0: Maximize impact and adaptability.

• Global supply chains have been disrupted on an unprecedented scale. All manufacturers are affected by this crisis in one way or another, and for many it is a never-ending threat.  
• Many of the most exciting developments of all time have less to do with technology than with how that technology is used together to maximize profit and maximize impact.  
• Industry 4.0 is not at all a new terminology. Extraordinarily the bunch of technologies it defines which includes cyber-physical systems. The Internet of Things (IoT), cloud computing, and artificial intelligence (AI). And while we continue to see remarkable technological advances. Furthermore, Many of the most exciting and exciting developments in the field have little to do with technology. But rather with how that technology fits together to maximize benefits and maximum impact.
• The desired digital transformation or digitalization that most of the companies are attempting for the needs and not just the technical architecture. But also a core understanding that how to control the unique strength of industry 4.0 technology.

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•  It starts with the identification of seamless connection, real time communication and the potential for creating the manufacturing environments. They are in effect, interchangeable, more decentralised, and much more modern in terms that has the strength to wholly reshape the foundation of the industry landscape.
• The industrial world is experiencing fast-paced change challenges. Further, Digitization and automation are key to overcoming these challenges on the way to Industry 4.0. Collecting, understanding, and using the vast amount of data generated by the Industrial Internet of Things (IIOT) is critical. 
• The digital enterprise is conducting absolutely the same by integrating the real and the digital worlds. As an output the unlimited amount of data authorises us to use out our limited resources with efficiency and with that make the industry more maintainable.

Industry 4.0 Examples

1. Industrial internet of things

• IIoT has many of the use cases. With the management of assets and tracking being one of the major applications of the technological world today.
• BJC healthcare take on IoT for the inventory and management of supply chain.
• The company establishes radio frequency identification that is RFID technology to track down and to manage the numerous number of medical supplies. RFID technology uses radio waves to read and retrieve information stored on tags attached to objects such as medical supplies. 
• Prior to this the process of tracking inventory included a lot of manual labour. Whatsoever, keeping an eye on the inventory manually can be challenging. Since hospitals and medical units buy a lot of several of products from the suppliers and store a many of items on site for special processes.

2. Big data and analytics

• Big data refers to large, complex chunks of data created by IoT devices. So, This data comes from a broad range of cloud and enterprise applications, websites and much more all of them coming from various formats and set of rules.
• Decision making of big data at China Bosch Automotive factory. By integrating IIoT as well as big data is a technique Bosch is making a use of to control its digital transformation of its Bosch Automotive Diesel System factory in China.
• The company connects its machinery to the monitors the all over production procedure at the main part of its plant. By attaching sensors to factory machines, data on machine health and cycle times is collected. Advanced data analysis tools then process the data in real time. And alert workers if bottlenecks are detected in the production process.
• By adopting this approach, it helps to predict failures of machines and it enables the factory to maintain the schedule operations, before any of the failure tend to occur.

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3. Cloud computing

• Cloud computing gives a platform to the users to store and operate huge amount of data on remote servers. It enables the companies to make the use of the computer resources without the need to develop a computing infrastructure on premise. Volkswagen generates automotive Cloud-
• Volkswagen generates automotive Cloud-By connecting cars are a new hype trend in the world of automotive industry. Having raised as an chance to offer digital added-value services for the customers. One of the early adopters of this trend is Volkswagen, which is working with Microsoft to develop a cloud network called the Volkswagen Automotive Cloud. 

4. Advanced Robotics

• This is the last Industry 4.0 examples. Further, The latest technological advances are giving rise to a whole new generation of advanced robots capable of completing difficult and mundane tasks. 
• DHL is improving its warehouse operations with the help of robots, as they become more dependent, flexible, collaborative and capable of handling more complex tasks. 

FAQs

Key takeaways

• Smart factories use IoT, AI, and data analytics to optimize production processes, improve quality control, and reduce costs.
• Predictive maintenance uses sensors and data analytics to predict maintenance needs, minimize downtime and maximize asset efficiency.
• Digitizing and automating your supply chain enables real-time tracking, efficient inventory management, and seamless logistics to improve overall operational efficiency.