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Basic technologies which companies need to invest in for their Industry 4.0

Basic technologies which companies need to invest in for their Industry 4.0

  • By

    Mrs. Sujata Tilak - MD

  • /
  • Posted

    26 Sep 2018

Basic technologies which companies need to invest in for their Industry 4.0

What are some basic technologies which companies need to invest in for their #Industry40 / #IIoT initiatives? Well, here is a short list

* Automation (aka sensors, PLCs): Essential for real time data capture from assets

* Networking: Another essential component of IIoT. Whether wired or wireless, your shop floor must be networked 

* Data Analytics: It’s all about data-driven decision-making

* Cloud Computing: Helps in huge cost saving, scalability, and flexibility. 

* Mobility: Helps in boosting productivity by offering information on the go

* Automatic Identification like RFID tags: Helps in removing manual steps from the quality assurance process and offers better supply chain visibility

Of course, other technologies like 3-D printing, digital twin, AI-ML, blockchain, etc. have also started making their presence felt in this space. But above is the primary list to begin with. Anything else you would add to this basic list?

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