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Data Services Authors: Scott Allen, Jacob Spencer, Reza Koohrang, Tony Shan, Charlie Clark

Related Topics: Data Services Journal, Wireless Technology Magazine, Internet of Things Journal

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Industry 4.0 Top News Roundup

Embracing ‘Industry 4.0’

industry 4.0

Industry 4.0, another term being batted around for the Industrial Internet of Things (IIoT) to explain the next-generation of industrial manufacturing and a new data exchange paradigm, is bleeding into multiple industry dialogues to describe the new landscape of how things are being made. With all the hype surrounding the idea of a “smart factory,” it seemed fitting to turn our attention towards highlighting our top news being reported on Industry 4.0.

Industry 4.0: the urgency of data standardization

By @Antoine_Rizk1 | Published on @ManufacturingGL

“Sometimes presented as the new industrial revolution, Industry 4.0, primarily represents an advance in production means and practices. Characterized by interconnected machines and systems, it involves making production and supply chains smarter in order to improve efficiency in resource allocation and increase agility in production processes.”

industry 4.0

Industrial Analytics Based On Internet Of Things Will Revolutionize Manufacturing

By @LouisColumbus | Published on @Forbes

“Industrial Analytics (IA) describes the collection, analysis and usage of data generated in industrial operations and throughout the entire product lifecycle, applicable to any company that is manufacturing and selling physical products. It involves traditional methods of data capture and statistical modeling. However, most of its future value will be enabled by advancements in connectivity (IoT) and improved methods for analyzing and interpreting data (Machine Learning).”

industry 4.0

Drones will transform the way food is grown next year

By @Harri8t | Published on @CNBC

“Drones are transforming agriculture — giving farmers new tools to supervise crops and check on fields from the air — and 2017 will be be a pivotal year for adoption, say industry experts.”

industry 4.0

US Manufacturers Too Slow to Adopt Industry 4.0: BCG Study

By IW Staff | Published on @IndustryWeek

“Nearly 90% of manufacturing leaders surveyed by BCG regarded adopting Industry 4.0 technologies as a way to improve productivity, but only about one in four see opportunities to use these advances to build new revenue streams. Many are pursuing isolated initiatives scattered throughout the company, BCG found in its new report, “Sprinting to Value in Industry 4.0,” without a clear vision and coordination from the top.”

industry 4.0

 

Embracing ‘Industry 4.0’

By @alansmurray | Published on @FortuneMagazine

“There’s a interesting new report out from BCG this morning on “Industry 4.0” – the German’s preferred term for how big data, cloud computing, sensors, advanced analytics, augmented reality and improved robotics are dramatically changing the world of manufacturing (known in GE-land as the “Industrial Internet”).”

industry 4.0

As we conclude another round of top news, we hope you were inspired and informed about the latest in Industry 4.0. It’s clear that business digitalization will only continue to add more technology, whether that be IoT, sensors, cloud computing and other solutions. Our job is to be ready and informed about how tomorrow’s technology could help enterprise digital transformation today.

More Stories By Scott Allen

Scott is an executive leader with more than 25 years of experience in product lifecycle management, product marketing, business development, and technology deployment. He offers a unique blend of start-up aggressiveness and established company executive leadership, with expertise in product delivery, demand generation, and global market expansion. As CMO of FreeWave, Scott is responsible for product life cycle/management, GTM execution, demand generation, and brand creation/expansion strategies.

Prior to joining FreeWave, Scott held executive management positions at Fluke Networks (a Danaher Company), Network Associates (McAfee), and several start-ups including Mazu Networks and NEXVU Business Solutions. Scott earned his BA in Computer Information Systems from Weber University.