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The increasing use of the industrial internet of things is referred to as Industry 4.0 at Bosch, and generally in Germany. Applications include machines that can predict failures and trigger maintenance processes autonomously or self-organised coordination that react to unexpected changes in production.
Industrial big data refers to a large amount of diversified time series generated at a high speed by industrial equipment, [1] known as the Internet of things. [2] The term emerged in 2012 along with the concept of "Industry 4.0”, and refers to big data”, popular in information technology marketing, in that data created by industrial equipment might hold more potential business value. [3]
This is a valuable data source for Industry 4.0 to continuously improve the product design in the “NDE for Industry 4.0” process. [ 10 ] [ 18 ] Third, immersive training experiences, remote operation, intelligence augmentation, and data automation can enhance the NDE value proposition in terms of inspector safety and human performance in ...
With IIOT technologies, the oil and gas industry has the capability to connect machines, devices, sensors, and people through interconnectivity, which can help companies better address fluctuations in demand and pricing, address cybersecurity, and minimize environmental impact.
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 ...
Industry 4.0 is a project in the high-tech strategy of the German government that promotes the computerization of traditional industries such as manufacturing. The goal is the intelligent factory (Smart Factory) that is characterized by adaptability, resource efficiency , and ergonomics, as well as the integration of customers and business ...
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]
It is a similar concept to industry 4.0, applied to value chain. The proponents of Service 4.0 claim that it is a major opportunity for service companies to make a leap forward in terms of efficiency and effectiveness, and an opportunity for service users to discover and benefit from new features, impossible to be delivered before this disruption.