The term ‘Industry 4.0’ stands for the fourth industrial revolution. While Industry 3.0 focussed on the automation of single machines and processes, the importance of Industry 4.0 lies on the fact that it concentrates on the end-to-end digitisation of all physical assets and their integration into digital ecosystems with value chain partners. Generating, analysing and communicating data seamlessly underpins the gains promised by Industry 4.0, which networks a wide range of new technologies to create value.
Industry 4.0 is no longer a ‘future trend’. The world today has entered a new industrial era. It’s not science fiction or a prediction for the next century, it is here and now. For many industrial companies, it is now a part of their strategy and research agenda. Companies are combining advanced connectivity and advanced automation, cloud computing, sensors and 3D printing, connected capability, computer powered processes, intelligent algorithms and Internet of things (IoT) services to transform their businesses.
In order to support member companies in the implementation and application of the Industry 4.0 levers and value drivers, CII Naoroji Godrej Centre of Manufacturing Excellence is offering a special training programme spread over five working days, combined with industrial site visits.