Industry 4.0
Concept
The networked, data-driven digitalization of industrial production, in which machines, products, software and people exchange data in real time; often called the smart factory or the fourth industrial revolution.
| Type | Concept |
|---|---|
| Also known as | Industrie 4.0, Smart factory |
| Wikipedia | en.wikipedia.org/wiki/Fourth_Industrial_Revolution |
Articles about Industry 4.0 (1)
- Why Counting Devices for Industrial IoT Cloud Budgets Fails
· Mirko Peters
Stop using device counts for IIoT cloud budgets. Learn how the Samples × Bytes × Time × Assets formula reveals your true factory data costs.
Related topics in brief
- Industrial IoT · Related to · Concept
The use of connected sensors, controllers and gateways in industrial settings to capture physical machine and process signals and pass them to digital systems. - Digital twin · Related to · Concept
A maintained digital representation of a physical resource, its relationships and its operating conditions, kept up to date from observations. - Operational technology (OT) · Related to · Concept
Hardware, software and work involved in monitoring and controlling physical production processes and equipment, as distinct from information technology (IT) that covers business, computing and data services. - Manufacturing · Related to · Industry
The industry that turns raw materials and components into physical goods, from single parts to series production, in factories and workshops. - iFAKT GmbH · Related to · Organization
Stuttgart-based consulting company and software specialist for Industry 4.0, founded in 2001, that helps manufacturers plan and optimize production and logistics processes; developer of the Polaris software. - Jörg Drees · Related to · Person
Jörg Drees is co-founder and managing director of iFAKT GmbH in Stuttgart and has published on value stream mapping and digital value stream methods in the Zeitschrift für wirtschaftlichen Fabrikbetrieb (ZWF) and Procedia CIRP. - iFAKT Polaris · Related to · Product
Production software from iFAKT GmbH that combines ERP data with a digital twin of manufacturing and AI to optimize production schedules, reveal bottlenecks and improve on-time delivery.
Related to
- Industrial IoT · Concept
- Digital twin · Concept
- Operational technology (OT) · Concept
- Manufacturing · Industry
- iFAKT GmbH · Organization
- Jörg Drees · Person
- iFAKT Polaris · Product
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Experts on related topics
- Mirko Peters · via iFAKT GmbH
Sources
- Wikipedia: en.wikipedia.org/wiki/Fourth_Industrial_Revolution
- Feed for this topic (RSS): entity/industry-4-0/feed.xml
- Articles on this topic: 1
- Mentioned in: Neue Perspektiven für die Wertstrom-Methode: Wertstrom Management 4.0 – Next Generation (Zeitschrift für wirtschaftlichen Fabrikbetrieb (ZWF), )
Maintained by Mirko Peters (Microsoft MVP) · Last updated: