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Industry 4.0 - The Future of Manufacturing

9. May 2016 09:25

Industry 4.0 - The Future of Manufacturing

By: Urs Buehlmann, VT; Mathias Schmitt, White Rock LLC; Omar Espinoza, University of Minnesota; and David Maurer, Stiles Machinery

You may have heard the term Industry 4.0 in conversations or on TV.  However, most industry participants do not have a good understanding on what Industry 4.0 means and how it will shape our industry.  Some do not think the term means anything but suppliers and consultants trying to sell the "next big thing," others simply cannot imagine how it will change their business.  Others yet, see in Industry 4.0 the next industrial revolution and try to figure out how they can take advantage of the opportunities…

At this workshop, we will explain Industry 4.0, its origins, its promises, and its challenges.  In fact, we see Industry 4.0 as the sum of four disruptions: the astonishing rise in data volumes, computational power, and connectivity, especially new low-power wide-area networks; the emergence of analytics and business-intelligence capabilities; new forms of human-machine interaction such as touch interfaces and augmented-reality systems; and improvements in transferring digital instructions to the physical world, such as advanced robotics and 3-D printing.  All those trends individually do not make a revolution (the 4th in manufacturing, after the lean revolution in the 1970s, the outsourcing in the 1990s, and the automation since 2000), but their combined effect on how we do things can correctly be called a "revolution."  We will give you the background and show you examples how industry 4.0 is changing things in our industry and how you can take advantage of this new way of doing things.

Learn more about this subject by attending the "Industry 4.0 - The Future of Manufacturing" session at the IWF 2016 Education Conference.


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