Industry 4.0 is a name given to the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing. Industry 4.0 is commonly referred to as the fourth industrial revolution.
The main pillars of Industry 4.0 technologies include these 9 technologies, naming: Big data & analytics, autonomous robots, simulation, horizontal and vertical system integration, Internet of Things, cybersecurity, cloud services, additive manufacturing and augmented reality.
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of Industry 4.0 are: improved productivity and efficiency, better flexibility and agility, and increased profitability. Industry 4.0 also improves the customer experience. With Industry 4.0, the ROI (Return on Investment) opportunities are significant because of the benefits the technologies offer. This includes technologies that improve automation, machine-to-machine communication, manufacturing and decision making
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