We are on the edge of a new revolution – the Industry 4.0 Revolution. And it has an impact in all sectors, including, of, course, the telecom market. After all, connectivity is a keyword here. If not yet, it’s time to take advantage of it to get great and innovative projects from operators leading this era.
Industry 4.0, also referred to as IIoT (Industrial Internet of Things) or smart manufacturing, marries physical production and operations with smart digital technology, machine learning, and big data to create a more holistic and better-linked ecosystem.
Large-scale machine-to-machine communication (M2M) and the internet of things (IoT) are integrated for increased automation, improved communication and self-monitoring, and production of smart machines that can analyze and diagnose issues without the need for human intervention.
The principles of Industry 4.0 in a nutshell
- Interconnection – the ability of machines, devices, sensors, and people to connect and communicate with each other via the Internet of things, or the internet of people (IoP)
- Information transparency — the ability to collect immense amounts of data and information from all points and identify key areas that can benefit from improvement
- Technical assistance — the ability to assist humans in decision-making and problem-solving, and to help humans with difficult or unsafe tasks
- Decentralized decisions — the ability of cyber-physical systems to make decisions on their own and perform tasks as autonomously as possible
Did you know that…
…the idea of Industry 4.0 arose from the Hannover Fair in 2011, and the German government officially announced it in 2013 as a German strategic initiative, to play a pioneering role in its manufacturing sector?
Although some may say that industry 4.0 is still in its infancy, the fact is that all companies must adapt to this reality.
A key trend coming out of this year’s list is the need for location independence. With the Covid-19 pandemic, many people work remotely in a digital-first model. IoT edge cloud – which includes Internet of Things consumer and industrial capabilities – is one example of how to get there, says Gartner’s Top Strategic Tech Trends. The workplaces of the future imply the adoption of remote support technologies using mobile devices and contactless and passwordless interactions using Internet of Things sensors.
Industry 4.0 and IoT: a perfect match
In simple terms, the Internet of Things consists of physical devices that are embedded with electronic sensors, actuators, and digital devices with specific software enabling communications. All of them are connected to an inter-networking world, typically through the Internet, allowing data to be collected and exchanged on an unprecedented scale. Basically, you get data from everywhere, from every sensor, from every device, from every piece of equipment.
For instance, big data can be used for predictive analytics to help companies reduce maintenance costs by determining if a machine will soon require repairs simply by measuring the millions of vibrations that the equipment produces in a day. By fixing it in advance, it can save a company from the high costs of an equipment malfunction on the production line. Can you imagine the value this brings?
The time to act is now
If your company is looking to seize all these opportunities, there’s a B2B Telecom & Datacom Marketplace opened 24×7 where you can find equipment that you may need for these types of projects. Visit here.