#BROWSER CARE 4.0 SERIES#
This flow occurs through an iterative series of three steps, collectively known as the physical-to-digital-to-physical (PDP) loop (see figure 1). Throughout this cycle, real-time access to data and intelligence is driven by the continuous and cyclical flow of information and actions between the physical and digital worlds. The integration of digital information from many different sources and locations can drive the physical act of doing business, in an ongoing cycle.
#BROWSER CARE 4.0 FULL#
Without a full understanding of the changes and opportunities Industry 4.0 brings, companies risk losing ground.įor business leaders accustomed to traditional linear data and communications, the shift to real-time access to data and intelligence enabled by Industry 4.0 would fundamentally transform the way they conduct business. Organizations must decide how and where to invest in these new technologies and identify which ones might best meet their needs. The Fourth Industrial Revolution, commonly known as Industry 4.0, appears to be changing the way businesses function and, by extension, the stakes by which they are forced to compete. In short, Industry 4.0 is ushering in a digital reality that may alter the rules of production, operations, workforce-even society. They can also transform organizations themselves: how they make sense of information and act upon it to achieve operational excellence and continually improve the consumer/partner experience. Smart, connected technologies can transform how parts and products are designed, made, used, and maintained. While its roots are in manufacturing, Industry 4.0 is about more than simply production. It represents the ways in which smart, connected technology would become embedded within organizations, people, and assets, and is marked by the emergence of capabilities such as robotics, analytics, artificial intelligence and cognitive technologies, nanotechnology, quantum computing, wearables, the Internet of Things, additive manufacturing, and advanced materials. Industry 4.0 signifies the promise of a new Industrial Revolution-one that marries advanced production and operations techniques with smart digital technologies to create a digital enterprise that would not only be interconnected and autonomous but could communicate, analyze, and use data to drive further intelligent action back in the physical world.
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