Is Industry 4.0 the Same as Smart Manufacturing?
If you've been examining the future of manufacturing You've probably come across two buzzwords used in a similar way -" smart manufacturing and industry 4.0 . Although they're both closely connected however, they're not the identical. Knowing the difference can aid executives, manufacturers, and other decision makers make better choices, particularly when it comes to expert factory advice to modernize their business. What Is Industry 4.0? Industries 4.0 is a larger macro-level concept. It's the 4th industrial revolution which is a global trend that is characterized by the merging of physical, digital, biochemical systems. The term was coined in the World Economic Forum and popularized by German engineering circles, Industry 4.0 encompasses technologies such as that of the Internet of Things (IoT) artificial intelligence cloud computing as well as big data analytics, robotics, and cyber-physical system. Consid...