Industry 4.0 and its contribution to a more productive organization

23/04/20210 CommentsGeraldine Pedrique
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Over the last few years, the implementation of digital technologies has been the rallying point for many sectors that, every day, seek to transform their organizations into more effective, intelligent and immediate companies in order to respond the demands of their main markets.

This is where the term Industry 4.0 also known as the Fourth Industrial Revolution was born, this concept was coined in Germany in 2010, which was used to define all the processes that were carried out through the Internet of Thing (IoT), so called Machine to Machine (M2M).

What is the Industry 4.0 and what is it looking for?

Industry 4.0 consists mainly of using new technological tools to progressively automate the manufacturing operations of companies; basically, it seeks to digitalize traditional processes through technology in order to optimize resources and guarantee the satisfaction of customer needs, as well as the customization of each one of the services.

Benefits of Industry 4.0

- Offers the ability to constantly and effectively adapt to the demand of different markets.

- Allows to respond customer needs in a more customized way.

- Collects information that allows the design, production and sale of products in a shorter time.

- It allows to take advantage of data either from different media such as Big data, social networks, Internet of Thing, to later analyze it and improve it in favor of the organization.

What technologies make up the Industry 4.0?

The American management consulting firm Boston Consulting Group, talks about 9 technological keys that mark the path of the development of the Industry 4.0:

  • Big Data and Analytics.
  • Autonomous Robots
  • Simulation
  • Horizontal and vertical system integration
  • Internet of things (IoT)
  • Cyber security
  • The cloud
  • Augmented reality
  • Additive manufacturing

Technology and its tools came to stay, evolve and offer profitable solutions, each of them has its advantages according to the type of company, but always focused on the same objective: to maximize the processes of each organization, to increase their productivity, improve their efficiency, optimize the use of raw materials, and thus increase their profitability in the market and show themselves as more sustainable companies.

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