Industry 4.0: The Smart Factory of the FutureDec 21, 2020
Industry 4.0: The Smart Factory of the Future
The rapid changes in the information and communication technologies have led to next industrial revolution that broke the boundaries between virtual reality and the real world. Internet of Things, cyber security, machine learning, artificial intelligence are only a few terms that refer to Industry 4.0.
Since advanced digital technology is already used in manufacturing, you must be wondering what exactly is this fourth industrial revolution?
New digital industrial revolution, known as Industry 4.0, is a transformation and digitization of manufacturing processes towards a new level. Enabling faster, more flexible and more efficient processes, this manufacturing revolution will increase productivity and support industrial growth. It will change the traditional production relationship and communication between human and machine by introducing Internet of Things (IoT) and Internet of People (IoP).
Factories will become increasingly automated and produce higher-quality goods at reduced costs. This includes using large-scale machines and flexible mass production technologies that provide increased automation, improved communication and monitoring, along with self-diagnosis and new degree of analysis to provide a truly productive future.
With concept of Industry 4.0 company is becoming to have its own ecosystem. Everything can be connected, from planning, financials, CRM, supply chain management to production. Companies can have environment with more control, insights and transparency through entire system.
The adaptation of connected intelligence into the business will completely change the way business is done. Companies have to face significant challenges in order to adapt to the new technologies. Industry 4.0, rooted in technology advancements, is the new approach that makes it possible to achieve results that couldn’t be done 10 years ago.
NForza is co-developing a Warehouse Management System (WMS) for a wholesaler of building materials. We help them to interact better with their system in order for the optimal use of the warehouse and control of stock levels. NForza helps them to integrate and digitalize the management of incoming and outgoing goods flow and all logistics processes required, like reception and shipments of goods to be organized well.
This is just one example how NForza is making impact to the factories of the future. More of our projects can be found on on our page Business Case Examples.
To which industrial sector does your company belong? Have you thought about how to improve the processes? It would be our pleasure to contact us and help you prepare your company for the new age of business.
We can't wait to see where the new revolution will take us.
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