TECHNOLOGY
THE GLOBAL MANUFACTURING industry has transformed over the last decade with technology driving innovations across the supply chain . Foremost amongst these is the rise of smart , connected products , known as the Internet of Things ( IoT ).
As a key driver of innovation , the Internet of Things is transforming siloed parts and products into complex systems which combine hardware , storage , sensors and software in a myriad of ways - expanding
Industry 4.0 will change the manufacturing landscape opportunities for new functionality and greater reliability which transcend traditional product boundaries . In this environment of change , let ’ s look at the key trends that the manufacturing industry will be seeing in 2015 .
Industry 4.0 Industry 4.0 a high-tech strategy that promotes the computerisation of the industry , will become more dominant , with the industry moving towards increased digitisation . Enabled through the Internet of Things , Industry 4.0 uses smart devices to capture information and feed it back , giving unparalleled visibility over every asset used in manufacturing . This will allow optimised production and leaner , more agile manufacturing across the entire supply chain . Industry 4.0 is likely to be implemented in a unique way for each business , with the information gathered used to optimise processes or assets , which will in turn reduce costs . Industry 4.0 is slowly emerging from the concept stage , with manufacturers currently investing in small projects enabled by the Internet of Things . We ’ ll see this becoming much larger this year
18 March 2015