System 4.0: the industry of the future is already here

The industrial automation industries are getting ready to enter the next generation of manufacturing

Hannover Messe showcases Industry 4.0 innovations

By Mike Bacidore, editor in chief for Control Design:  How are you getting your share of the pie that is the $227 quadrillion Industrial Internet of Things (IIoT)? That’s a lot of money, and there’s plenty to go around, so what are you doing to cash in on this next industrial revolution? OK, to be fair, I made up that number. But, unless you’re a research analyst or someone putting together Q3 forecasts for your business unit, you didn’t even give that number a second thought. And you probably shouldn’t. It doesn’t really matter. That number is as justifiable as it is arbitrary. Just pick an amount and then create a scenario and a timetable you can defend. “If you torture data long enough, it will confess,” Ronald Coase once said. The famed British economist also believed that the study of real-world markets was much preferred to speculating on theoretical ones. In reality, this bold new landscape of connectivity has yielded opportunities for revenue streams steered by embankments of innovation. Nowhere was that more evident than at Hannover Messe in Germany, where Industry 4.0—the preferred European term, which includes IIoT, cyberphysical systems and more—was impossible to avoid and insistent in its resolve.   Cont'd...

Three ways to leverage IIoT

Scott Stone for Plant Engineering:  The Internet of Things (IoT) will significantly alter manufacturing, transportation, distribution and other industrial sectors over the next decade, according to the World Economic Forum. We've only hit the tip of the iceberg in terms of the ways Internet-connected devices will transform these industrial sectors. To put a number on the anticipated growth of Industrial Internet of Things (IIoT) over the next few years, Accenture places conservative spending estimates at $500 billion worldwide by 2020. Forward-thinking businesses are already leveraging the power of the IIoT and reaping the benefits. When used effectively, it allows companies to better manage their operation, increase production and transform business for the better. Let's take a look at how industrial organizations should be harnessing IIoT to set their businesses up for future growth.   Cont'd...

Inaugural Smart Manufacturing Magazine Recognizes 30 Advanced Manufacturing Visionaries

The first issue of SME's Smart Manufacturing magazine, now available online and in print, honors the leading thinkers, makers and doers in manufacturing who are helping to make the Fourth Industrial Revolution, often referred to as Industry 4.0, a reality.

Examining 'Industry 4.0′ opportunities in Japan

MINORU MATSUTANI for Japan Times:   “Industry 4.0,” or the fourth industrial revolution, can offer both opportunities and risks for the Japanese economy. It is a term to describe the future state of the economy, particularly manufacturing, based on the connectivity of everything, or the “Internet of Things” (IoT). This connectivity includes not only PCs and mobile phones, but also cars, manufacturing equipment and other devices. Although Japan is said to lag behind other developed nations, a recent gathering discussed whether the country could thrive in this new economy. A consultant, an IT service company president, an employee of the same company and a university professor, all of whom are Japanese, delivered presentations and discussed related issues at a symposium organized by the Keizai Koho Center, titled “The Future of Industry (Industry 4.0) and Japan’s Economic Growth,” in Tokyo on March 18.   Full Article:

KUKA and Infosys Announce Industry 4.0 Partnership

The aim of the collaboration is the development of a software platform that will allow customers to collect, evaluate and utilize data for improving their own processes.

Industry 4.0 applied by Lantek

Lantek today is one of the drivers of Industry 4.0. Lantek interprets Industry 4.0 and applies it to companies that produce sheet metal parts, metal tubes and profiles, developing multiple functionality. Its technology is today in place in customers all over the world.

HANNOVER MESSE - FogHorn™ to Showcase "Edge Intelligence" Industrial IoT Solutions at HANNOVER MESSE 2016

Industrial IoT startup will feature its "End-to-End" industrial IoT solution from the edge (Fog computing) to the cloud (Microsoft Azure).

46% of German companies use Industry 4.0 - survey

Almost one in two companies in the manufacturing sector (46%) use Industry 4.0 applications, while another 19 percent have specific plans to implement them, according to a recent Bitkom survey among 559 industrial companies with more than 100 employees. About 65 percent of the German industrial companies are already active in the Industry 4.0 sector. Around 23 percent of the companies asked have no concrete plans to use Industry 4.0 but will consider use for the future. Only 12 percent stated that this is not an issue currently. The study also showed that companies are still careful when it comes to investments: although 57 percent of the companies use or plan to use Industry 4.0, the budget for this is on average only 4 percent of the total revenue. Users and planners of Industry 4.0 primarily aim to optimise processes (69%) and to improve the capacity utilisation of their factories (57%). Half of the respondents expect a faster realisation of their customers’ individual wishes. 44 percent want to reduce their production costs with Industry 4.0 and 19 percent their personnel costs.   Cont'd...

Process Data Readouts on a Smartphone: Safety Through Transparency

Near-field communication (NFC) protocols allow data from intelligent vacuum components to be read directly from the processor of a device to a mobile end device, opening up totally new opportunities for optimizing production processes. This is what Industry 4.0 is all about.

With Smart Manufacturing Magazine, Industry Events, SME Shares Advanced Manufacturing Expertise

SME's new publication, Smart Manufacturing, along with other SME initiatives are planned throughout 2016 to guide manufacturing professionals through an all-new era of making things, often referred to as the Fourth Industrial Revolution.

Comtrol Corporation to Debut Industry 4.0/IIoT Enabled PROFINET IO-Link Masters at Hannover Messe

The newest additions to the Comtrol line of IO-Link Master products, the 4-PNIO (4-Port IP67), 8-PNIO (8-Port IP67) and DR-8-PNIO (8-Port IP20 DIN rail) support the IO-Link 1.1 standard for full IO-Link device compatibility.

Industry 4.0 Propels Manufacturers to Cross-Industry Innovations

NEXCOM has planned four themed demonstrations that map out a complete solution blueprint for Industry 4.0 at the upcoming world leading trade fair for industrial technology, Hannover Messe.

Industry 4.0 in Hannover Messe 2016 leads manufacturers to cross-industry innovations

Back in Hannover Messe 2011, Germany announced the Industry 4.0 concept and initiated the world's fourth industrial revolution. Since then, Hannover Messe has become a focal point for Industry 4.0 innovations. As Hannover Messe 2016 closes in, the exhibition will once again be surrounded by various Industry 4.0-related hot topics such as integrated industry, smart manufacturing and more. Coming soon on April 25 to 29, Hannover Messe 2016 will be based on the theme "Integrated Industry – Discover Solutions", which aims to provide an interpretation of the smart manufacturing model of Industry 4.0. As a Taiwanese company with deep expertise in IoT automation, NEXCOM has planned four themed demonstrations that map out a complete solution blueprint for industry 4.0 in the upcoming event. Joe Lin, General Manager of NEXCOM's IoT Automation Solutions Business Group, states, "Early Industry 4.0 solutions focused on the lower layers of factory communication where IoT gateways were used to integrate different industrial protocols, bridging the Industry 4.0 last mile connection to fulfill the 'connected' concept. Now in 2016, NEXCOM will extend the pathway to the cloud through NEXCOM IoT Studio configuration tool and IoT gateways, which consolidate the management and connection of factory field devices onto a unified control interface, accelerating data aggregation. This will enable a two-way field-to-cloud connection for big data analytics, promoting development for more Industry 4.0 applications."   Cont'd...

Why Everyone Must Get Ready For 4th Industrial Revolution

Bernard Marr for Forbes:  First came steam and water power; then electricity and assembly lines; then computerization… So what comes next? Some call it the fourth industrial revolution, or industry 4.0, but whatever you call it, it represents the combination of cyber-physical systems, the Internet of Things, and the Internet of Systems. In short, it is the idea of smart factories in which machines are augmented with web connectivity and connected to a system that can visualize the entire production chain and make decisions on its own. And it’s well on its way and will change most of our jobs. Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, has published a book entitled The Fourth Industrial Revolution in which he describes how this fourth revolution is fundamentally different from the previous three, which were characterized mainly by advances in technology. In this fourth revolution, we are facing a range of new technologies that combine the physical, digital and biological worlds. These new technologies will impact all disciplines, economies and industries, and even challenge our ideas about what it means to be human.   Cont'd...

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