Automation Industrial
Industry 4.0
We are now in the fourth industrial revolution, also referred to as Industry 4.0. Characterized by increasing automation and the employment of smart machines and smart factories, informed data helps to produce goods more efficiently and productively across the value chain.
Industry 4.0 is revolutionizing the way companies manufacture, improve, and distribute their products. Manufacturers are integrating new technologies, including Internet of Things )IoT(, cloud computing and analytics, and AI and machine learning into their production facilities and throughout their operations.
These smart factories are equipped with advanced sensors, embedded software and robotics that collect and analyze data and allow for better decision making. Even higher value
is created when data from production operations is combined with operational data from ERP, supply chain, customer service and other enterprise systems to create whole new levels of visibility and insight from previously siloed information.
The Smart Industry Readiness Index (SIRI)
The Smart Industry Readiness Index )SIRI( was created in partnership with a network of leading technology companies, consultancy firms, and industry and academic experts. SIRI comprises a suite of frameworks and tools to help manufacturers – regardless of size and industry – start, scale, and sustain their manufacturing transformation journeys. SIRI coversthethreecoreelementsofIndustry4.0)I4.0(:Process, Technology, and Organization.
