On January 22, 2015, NZZ published a very interesting set of articles about the silent revolution in industry and production: industry 4.0 is the digital interlinking of production and value chains (see links below).
The revolutionary phases in industrial production were the introduction of the steam engine and water power, which allowed mechanized fabrication (industry 1.0), the invention of the conveyor-belt, which allowed mass production (industry 2.0), and computers and robots, which enabled automated production (industry 3.0). And today, the next industrial revolution is enabling the physical and virtual systems to be merged through the internet of everything (industry 4.0). The results of digital production are the vertical interlinking of intelligent production systems (smart factories) and the horizontal integration of global value chains, including suppliers and customers.
The sensing of everything becomes reality – not only in production, but also in mobility (self-driving car), in health (quantified self), in logistics (real-time tracking) or in finance (high-frequency trading). But this is only the tip of the iceberg. Sensing and listening (in terms of data exchange) will inform every aspect of what we do. But how do we get the essentials from the vast, unstructured data and how can we benefit from this becoming more effective, more sustainable, more innovative, improving safety, reducing risks and finally improving our habits?
Apart of sensors and data storage, we also require smart brains and emulation power, such as lateral thinking, lean management (bad processes remain bad, even if they become smart through the latest technology) and expert systems (smart and self-learning algorithms based on large data sets, which make decisions without human interaction). The future is bright; some potential advantages include the prediction of failure and conflicts (and thus hopefully their prevention), the personalization of products, services and therapies, automatic maintenance, self-organized logistics, the share economy, energy efficiency in all aspects of our life and so on.
The threats and challenges are also enormous: Data privacy, protection against industrial espionage, data security measures, data banking and so on. Sound solutions are required. We have a lot of opportunities in Switzerland from the internet of everything and expert systems, not only in industry, but in all manner of applications for our daily life. Swiss data banking and Swiss secure cloud are two such potential opportunities. Learn about more the opportunities from the i-net Technology Trend Forum and the i-net technology and business related events.