2. Content
Introduction
Industry 1.0 to 4.0
Industry 4.0 building block
Industry 3.0 vs industry 4.0
Technologies used in industry 4.0
Applications
Advantages and disadvantages
References
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3. Introduction
Industry 4.0 refers to the transformation of industry through the intelligent networking of
machine and processes with the help of information and communication technology
(ICT). The term is used interchangeably with the ‘fourth industrial revolution’.
industry 4.0 takes the emphasis on digital technology from recent decades to a whole
new level with the help of interconnectivity through the Internet of Things (IoT), access
to real-time data, and the introduction of cyber-physical systems
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6. Industry 3.0 vs industry 4.0
Industry 3.0
Highly automated systems
Mass production
Industrial robot
ICT, electronic
Industry 4.0
Autonomous decision making
Mass customization
Collaborative robot
Robotics, IOT, artificial intelligence
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10. Advantages and disadvantages
Advantages
Increase in operational efficiency.
Better product and services
Improving lives overall
Disadvantages
Need of highly skilled labor
The IOT security is major concern
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