Solution Flyer: Industry 4.0 & Cyber-Physical Systems

Solution Flyer: Industry 4.0 & Cyber-Physical Systems

The future of mankind’s and technology is not as bleak as dystopian science fiction works depict. Mankinds integral relationship with information and technology and its engineering to enable organisations and individuals to become more efficient and productive is not an event, but a continuous process.

Stages of Industrialisation

Industry 4.0: Self Aware

Up until the third industrial revolution, the demarcations have been quite radical, however, there are various schools of thought that debate whether the Fourth Industrial Revolution, namely Industry 4.0 is simply a hyped buzz word.

If one were to understand that this time the change is less physical and more procedural, it becomes clear that we are indeed on the brink of a fundamental shift in the way things work.

Industry 4.0 is not a prolonged phase of the digital revolution that started in the 70s, it’s a new phase of digital transformation where human expertise connects with smart technologies through automated processes that analyse and communicate intelligent, actionable data back into the system. Some of the tools that have enabled this shift are AI, ML, Data Analytics, IoT, and Cyber-Physical Systems.

Cyber Physical Systems: Self-Optimised

Chronologically, it is interesting to note that the term Cyber-Physical Systems precedes Industry 4.0, however, today it is the essence of the latter. In simple words, Cyber-Physical Systems integrate computing, networking, and physical processes, interconnecting them all through the internet.

In this orchestration between embedded computers monitoring physical processes with feedback loops, computation without human interface is not the primary goal—the idea is to make available vast quantities of intelligent data that can be examined and fed back into the system across internal and external stakeholders, for better decision-making, predictive maintenance, quick turn-around time, and cost efficiency—keeping the human aspect very much involved.

Data has always existed, however Big Data and the ability to analyse it using cloud-based Internet of Things and Cyber-Physical Systems is what makes Industry 4.0 unique.

Internet of Things: Self-Service

The Internet of Things (IoT) describes the network of physical object—‘things’—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. However, the implementation is not restricted to just industries, IoT has permeated from day-to-day functioning in households to transportation, precision agriculture, Health CPS, water and mine monitoring, aerospace, retail and so on.

It’s safe to say then that Industry 4.0 and Cyber-Physical Systems is a direction towards the meeting of man and machine, people and processes, and by no degree discounts the human contribution in overcoming challenges in the system and ensuring the balance between the real and virtual.

InspireXT: Self-Sufficient

This entirely resonates with us at InspireXT’s Supply Chain Management solutions, where we combine our award-winning expertise and advisory services with leading Cloud technologies by Oracle to help you deliver the perfect experience to your customer.

For instance, our Value Chain Advisory Services provide a rapid assessment of current capabilities for organisations compared to the desired, and pragmatic technology solutions to bridge the gap.

InspireXT Value Chain Strategy

If you want to assess, enhance, and optimise the current capabilities of your supply chain, look no further — get in touch with InspireXT for bespoke solutions for your enterprise!

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