Industry 4 0 Future of Industrial Production Crash Course

Industry 4 0 divulges some influential emergent fluxes with strong prospective to change the approach in the working of industries Whether or not it is an industrial revolution but there are definitely going to be drastic changes which the industry owners should be aware of the imminent changes and develop strategies to benefit from this newest opportunity It denotes a concept in the existing manufacturing industry which emphases on the automation of processes and data exchange The initiative assimilates the Internet of Things or IoT cloud computing and cyber-enhanced systems The origin of Industry 4 0 is from a German government project that supports computerization of manufacturing The actual term used by the Working Group Industry was Industrie 4 0 in October 2012 They presented a set of implementation recommendations to the German government in a final report in the Hanover Fair on April 8 2013

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