Fourth Industrial Revolution

4.Cloud:
Iot has made connectivity and the ability to support data generated possible on a real-time basis.
Industry 4.0 takes Cloud as the base principle on which it seeks to have industrial monitoring and
control systems moved to Cloud. Manufacturing Industry data when made accessible on Cloud helps
inquicker detection of critical process faults and identifying leakages or discrepancies in any data.
5.Big data analytics:
From transmissions to sensors and any kind of machines, these all generate huge volume of data.
Now when there is a huge amount of data, how do businesses read or analyse these to be aware of
any critical process or event like power out, internet breakdown, and transmission failure in
important areas. From a manufacturing point of view,availability of the right data from all aspects of
product development, production and testing from big data adds a new dimension to
manufacturing enabling targeted innovation, marketing and decision-making.
6.Simulation:
With technologies like 3D Printing, big data and Cloud computing gaining good traction, Virtual
modelling of products is very much possibletoday. Simulation helpsin reducing wastage in terms of
material, time, efforts and money spent. Industry 4.0 advocates contemporary automation to
generate better results for manufacturing companies. Simulation also helps in rapid testing of
products thus, paving way for innovation.