Industry 4.0 Machine vision and learning Industry 4.0 Machine vision and learning

Industry 4.0, machine vision and machine learning

Industry 4.0 refers to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, machine learning, and real-time data. Industry 4.0, which encompasses the Industrial Internet of Things (IIoT) and smart manufacturing, marries physical production and operations with smart digital technology, machine learning, and big data to create a more holistic and better connected ecosystem for companies. Industry 4.0 is about revolutionizing the way your entire business operates and grows. There are four design principles in Industry 4.0, interconnection, information transparency, technical assistance and decentralized decisions. These principles support companies in identifying and implementing an Industry 4.0 framework.

 

Industry 4.0 spans the entire product life cycle and supply chain— design, sales, inventory, scheduling, quality, engineering, and customer and field service. Everyone shares informed, up-to-date, relevant views of production and business processes—and much richer and timely analytics.

 

Adopting an Industry 4.0 model has many advantages. It makes you more competitive, especially against disruptors. It makes you more attractive to the younger workforce. It makes your team stronger and more collaborative. It allows you to address potential issues before they become big problems. It allows you to trim costs, boost profits, and fuel growth.

 

To build a sustainable, scalable enterprise in today’s business environment, you need to use tools that help you streamline tasks, boost productivity and collaboration, and leverage data in real time. Industry 4.0 provides a framework for taking advantage of new technology to improve your business.

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