INDUSTRY 4.0 SOLUTIONS – A PATHWAY TO USE SMART TECHNOLOGIES / BUILD SMART FACTORIES

Today Industry 4.0 moving in faster pace across sectors through newer approaches which helps to migrate entire society and human body. Technologies like additive manufacturing, robotics, quantum computing, internet of things [IoT], nanotechnology and autonomous vehicles, machine learning are under the umbrella of Industry 4.0 solutions moving in exponential rate. This paper helps to connect almost everything from machines to humans through cloud by showing drastic and dramatic improvements to improve business efficiency and also protecting and regenerating natural environment by bringing forward better asset management techniques. Worldwide companies looking for smarter work by making themselves more competitive and sustainable through infrastructure investment by expanding their business platforms by transforming themselves through digitally enabled technologies. Digital transformation is every key motive to survive in Industry 4.0 era which help industries to attain competitiveness and at the same allowing them to have an ability to take optimal decisions across all the phases of their activities. Industry 4.0 and IoT have some tangible benefits with proven ROI.