Projects
Industrial Automation using Industry 4.0

Industrial Automation using Industry 4.0

Team: SAHILDABAS779

Project Details

Project Description: The term "Industry 4.0" refers to a vision that started as a project to increase the competitiveness of the German manufacturing sector. The term "industry 4.0" is frequently used synonymously with the idea of the fourth industrial revolution. It is distinguished by, among other things, even greater automation than in the third industrial revolution, the fusion of the physical and digital worlds via cyber-physical systems, made possible by Industrial IoT, a move away from centralised industrial control systems to ones where smart products define the production steps, closed-loop data models and control systems, and personalization/customization of products. With early stakeholder involvement and vertical integration, the objective is to enable autonomous decision-making processes, real-time asset and process monitoring, and similarly real-time connected value generation networks. The industrial revolution concept was introduced, a number of sectors have examined the fourth industrial revolution and the effects of the technologies and drivers driving Industry 4.0. More "4.0" phrases, frequently based on academic performance, have resulted from this. The following industries are only a few examples: Logistics 4.0 (logistics and transportation), Construction 4.0 (construction industry), Energy 4.0 (energy and utilities industry), and more. The majority of Industry 4.0 projects are in their early stages and have constrained scopes. In actuality, the majority of digitization and digitalization initiatives take place in the framework of technologies and objectives from the third and even second industrial revolutions. In essence, the technologies making Industry 4.0 possible leverage existing data and ample additional data sources, including data from connected assets to gain efficiencies on multiple levels, transform existing manufacturing processes, create end-to-end information streams across the value chain and realize new services and business models. The technologies that enable Industry 4.0 essentially make use of existing data as well as a variety of additional data sources, such as data from connected assets, to improve efficiency on a number of levels, transform current manufacturing processes, establish end-to-end information streams throughout the value chain, and introduce new services and business models.
Project Theme: Automate the Surroundings
Project Category: Hardware Projects
Country: India