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The value created in Industry 4.0, can be relied upon electronic identification, in which the smart manufacturing require set technologies to be incorporated in the manufacturing process to thus be classified as in the development path of Industry 4.0 and no longer digitisation.
The purpose is improvement in testing and evaluation taking advantage of current and emerging production technologies and communication and information systems. At the heart of NDE 4.0 are digitalization, networking, information transparency, communication and processing tools such as artificial intelligence and machine learning.
DECT NR+ decentralized and autonomous networking capability was specifically designed for Metering and Smart Grid applications, and mesh networking application in general. The technology can scale up to millions of devices within a single network. [6] [7] The low latency communications URLLC is suitable for various use cases of Industry 4.0 ...
Cyber-physical systems (CPS): the basic technology platform for IoT and IIoT and therefore the main enabler to connect physical machines that were previously disconnected. CPS integrates the dynamics of the physical process with those of software and communication, providing abstractions and modeling, design, and analysis techniques. [1]
Smart manufacturing [1] is a broad category of manufacturing that employs computer-integrated manufacturing, high levels of adaptability and rapid design changes, digital information technology, and more flexible technical workforce training. [2]
Service 4.0 is a collective term for technologies and concepts of service and support function organizations, based on new disruptive technological concepts (big data, mobility), the Internet of Things and the Internet of Services. It is a similar concept to industry 4.0, applied to value chain. The proponents of Service 4.0 claim that it is a ...
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 ...
In total over 5.712 bil. USD have been spent on M&A between 1985 and 2018 in this industry. [7] There has only been one big M&A wave around 1999 and 2000. In most other industry there are three waves between 1990 and 2018. Since 1999 deal value shrunk by -90.12% and is expected to stagnate in 2018.