Moving towards Industry and Automotive 4.0

Posted on 28th February 2017

Industry 4.0

The world around us is changing drastically every single day, every single minute.

With the onset of new technologies like IOT, Big Data & Artificial Intelligence we are witnessing advancements in every sphere of life. These technologies will also make a significant impact in bringing numerous improvements in the existing industrial and manufacturing processes.

We will experience a major shift at every step of entire value chain. Cloud computing would help in overseeing the entire process from the collection of supplies till the delivery at final destination. Automated Guided Vehicles (AGVs) will become more intelligent and autonomous. These vehicles will ensure On-time deliveries and will create an efficient material flow tracking mechanism. Adoption of these advanced technologies will help in better process optimization and minimizing wastage of material as well as human resources.

We have come a long way from Industry 1.0, where production was carried out using just steam power, to Industry 4.0 where there is advanced use of cyber-physical systems IIOT, Big Data Analytics and much more.

It has been predicted that by 2020, there will be over 5 billion internet users, with over half of them accessing the internet over mobile devices and more than 80 billion connected devices worldwide.

In the future, people and organizations will treat mobility & transportation as a service, a trend we are already witnessing today, with the rise of shared mobility. This trend will be further propelled by the concept of smart cities and smart factories. We will also see the rise of “Product as a Service” philosophy where the user may not even own a physical product and just pay as per the usage.

All these business models/philosophies are made possible by increased penetration of IOT.

“Green” was a mega trend of the last decade and while it will continue to be important, there will be a shift towards “smart” products, which are intelligent, connected and have the ability to sense, process, report, and take corrective action. Of Course once found only in science fictions, Driverless Vehicles will also soon turn out to be a reality in both Industrial as well as commercial space.

The Hi-Tech Robotic Systemz is directed to harness the potential in these sectors, with a major focus to move towards the convergence of autonomy, mobility, connectivity and analytics. We are all set and geared up to propel our society towards these trends.

conference_on Automation and Technology

The Hitech Robotic Systemz Ltd. CEO Mr. Anuj Kapuria addressing a conference on “Automation Technology & IT” organised by CII.

Topics:   Automated Guided Vehicles.