The birth of Industry 4.0 led to the innovation of the Internet of things concept. A million-dollar concept enables an object to be embedded with the Internet of computing devices providing the opportunity to send and receive data by the interconnection. The concept is used in the manufacturing unit or even in a cloud-based IoT platform where the business data are transformed into actionable insight. … Continue reading What is the scenario of Internet of things across the world?

As per research conducted by Bitcom in 2019, in Germany, companies with above 100 employees were targeted for surveying the obstacles to be identified in Industry 4.0. The obstacles identified in Industrial companies in Industry 4.0 are:- The major obstacle is no doubt cost. It will always be a huge dilemma to discuss whether to invest in such a trend but to sustain the latest … Continue reading What obstacles are identified in Industry 4.0 in industrial companies?

The survey was conducted by Bitkom in Germany where 20 major companies were surveyed. The result shows the main 5 technologies that were considered in Fourth industry companies, In my opinion, Big data is no doubt in any industry is a major technology needed for any decisions to be made and also helps in forecasting the present data. The opportunity provides information related to the … Continue reading Which top 5 technologies in Industry 4.0 are used in companies in 2018?

This top competition with key players and stakeholders is not just only analyzing the trend and topics but also the need for investment. The need for gain in efficiency by digitalization, the strategy needed to be pursued, or the budget is sufficient for the investment? Is Germany ready for Industry 4.0? The dilemma is present and still a challenge among most of the firms to … Continue reading How well Germany is prepared with Industry 4.0?

Even though Industry 4.0 is making a lot of news with new opportunities and doors to new ventures. But two things that EY focused on in their survey that what goals are needed for firms to adopt digitalization and how much capital needs to be invested in Industry 4.0? In the survey, the result shows that 59% is recorded for flexible reactions to changing requirements … Continue reading What Ernst & Young survey says about Industry 4.0?

Industry 4.0 is a revolutionary concept not just in Germany but across the world. The concept not only made the automation faster but increase the productivity space and thereby hike the competition also. So, now what about AI? Is it possible to venture AI into Industry 4.0 and get more out of this combination? As per a survey conducted by the Bitkom research group, The … Continue reading Is AI creating pros for Industry 4.0?