The impact of Industry 4.0
The meaning of Industry 4.0
The fourth industrial revolution – or Industry 4.0 – is upon us and replacing the inefficiencies of traditional automation with automatically coordinated automation using the Internet of Things (IoT) together with artificial intelligence and other technologies. The efficiency gain is large enough that, in a few short years, the adoption of technologies such as the IoT, cloud computing, artificial intelligence and cyber-physical computing will be a matter of survival for many companies.
Impact of Industry 4.0
IoT is about to affect many areas in manufacturing and administration, most notably:
- Services and business models
- Reliability and continuous productivity
- IT security
- Machine safety
- Product lifecycles
- Industry value chain
- Workers' education and skills
- Socio-economic factors
Rethinking workflows, technology, and their automation will involve many challenges, including:
- Task complexity
- Access to information; general increase in the amount of information
- Travel demand between branches
- Large conglomerates of complex data that the human mind would take far too long to process
- Ageing workforce and a costly hand-over of skills
- Unavoidable onslaught of Information Technology and the new generation
Built in close cooperation with industry specialists
It often takes a great deal of effort to first understand the process in detail and then design an improved software interface that is flexible enough to allow for future updates and enhancements. Our solutions are fully web-based - which allows them to be used together with any operating system in the office, factory, pocket, or automobile.
User experience (UX) is the key to effectiveness
Thorgate believes that the end user experience is the single most important aspect of our work, and with the feedback, we receive from these projects we have once again proven it to be true.
An example of the Industry 4.0 revolution
Last but not least we’d like to direct you to an example of an Industry 4.0 work that we’ve done. To be more precise this is a Smart Factories example of the cooperation with an Estonian company called Krah Pipes. See the data and the results by clicking here.