Revolutionize your Business | Industry 4.0

The rise of new digital industrial technology, known as Industry 4.0, is a transformation that makes it possible to gather and analyse data across machines, enabling faster, more flexible, and more efficient processes to produce higher-quality goods at reduced costs. This manufacturing revolution will increase productivity, shift economics, foster industrial growth, and modify the profile of the workforce—ultimately changing the competitiveness of companies and regions. In an era where “disrupt or be disrupted” is fairly pervasive, limiting the digital strategy horizon to a few years and failing to advance along the digital maturity can increase the potential for being left behind.The Fourth Industrial Revolution is here—are you ready?

For factory or system to be considered Industry 4.0, it must include:

  • Interoperability: where machines, devices, sensors and people are connected and communicated with each another. 
  • Information transparency:the information systems create a virtual copy of the physical world through sensor data in order to contextualize information.
  • Technical assistance: Systems to support humans in making decision and solving problems and the ability of cyber physical systems to assist humans with tasks.

Technologies used in IoT at Glorious Insight Labs:

  • Sensors:A device that senses the change in electrical signal from a physical device.
  • Networks:A mechanism for communicating electronic signals.
  • Standards: Technical standards can help systems process the data and allow for interoperability of aggregated data sets.
  • Analytics and BI:Analytical tools that improve the ability to describe, predict and exploit relationships among phenomena.
  • M2M (Machine to machine) communications: Two machines “communicating,” or exchanging data, without human interfacing or interaction.

Some Interesting Industrial IoT Use Cases:

  • Predictive Maintenance: Machine data is securely streamed from equipment sensors to a central repository using industrial data protocols and gateways.  IoT behaviour analytics are applied to predict failures before they arise.
  • Smart Meters: Smart Meters can enable an array of new smart services to residential, commercial, and industrial customers to better manage their energy usage patterns, reduce overall power consumption and even benefit from new pricing models.
  • Smart Cities: Those cities which harness the potential of technology in developing city infrastructure and in enhancing the quality of life for city residents.

Smart City Requires:

  • Urban Planning – Efficient parking facility from booking to parking analytics
  • Location Based Sensors (for monitoring) – Collection data like current weather, pollution data (Noise, Light, Air and Water).
  • Analytics of Water Resources – Analyse and test water quality, water level and forecast requirements
  • Smart Transport – Self driven cars. Ride sharing programs, using mobile and sensors to provide analytics for commutes and congestions.
  • Smart Meters – Analytics and algorithms to manage supply and demand of electricity.
  • Disaster Management – Data-driven decisions for local governments prior to natural disasters.

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