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However, Industry 4.0 principles have been investigated by several aerospace companies, and technologies have been developed to improve productivity where the upfront cost of automation cannot be justified. One example of this is the aerospace parts manufacturer Meggitt PLC's M4 project. [71]
There are three recognizable components of NDE 4.0. First, Industry 4.0 emerging digital technologies can be used to enhance NDE capabilities in what has been termed “Industry 4.0 for NDE”. Second, statistical analysis of NDE data provides insight into product performance and reliability.
For example, a Deloitte report states that by implementing an IIOT solution integrating data from multiple internal and external sources (such as work management system, control center, pipeline attributes, risk scores, inline inspection findings, planned assessments, and leak history), thousands of miles of pipes can be monitored in real-time.
This is a list of emerging technologies, which are in-development technical innovations that have significant potential in their applications. The criteria for this list is that the technology must: Exist in some way; purely hypothetical technologies cannot be considered emerging and should be covered in the list of hypothetical technologies ...
Some of the key technologies in the smart manufacturing movement include big data processing capabilities, industrial connectivity devices and services, and advanced robotics. [ 5 ] Graphic of a sample manufacturing control system showing the interconnectivity of data analysis, computing and automation. [ 6 ]
Work 4.0 (German: Arbeit 4.0) is the conceptual umbrella under which the future of work is discussed in Germany and, to some extent, within the European Union. [1] It describes how the world of work may change until 2030 [2] and beyond in response to the developments associated with Industry 4.0, including widespread digitalization. [3]
Technology forecasting heavily relies on data and data makes contributions to manufacturing and Industry 4.0. IoT System provides a strong platform to make predictive analysis in the post-Industry 4.0. The advanced technologies will increase forecasting accuracy as well as reliability.
Industrial artificial intelligence, or industrial AI, usually refers to the application of artificial intelligence to industry and business. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial ...