Published on September 20, 2021
In an EDGE webinar held on September 22 titled 'Future of Manufacturing – Sustainable, Connected, Smart', Aditya Chikodi, GM & Head of Industrial Design & Visual Computing Business Division, Tata Elxsi Ltd, elaborated on the importance and application of Industry 4.0 in manufacturing and business.
Industry 4.0, also referred to as 4IR or the Fourth Industrial Revolution, is the shift towards increased automation of traditional manufacturing and industrial practices using connected, intuitive, and intelligent technology. Large-scale machine-to-machine communication (M2M) and the internet of things (IoT) are integrated to increase automation, improve communication and self-monitoring of industrial operations. Also, smart machines are created and deployed to analyse and diagnose issues with minimal human intervention.
Industry 4.0 is imperative for organisations to overcome the modern challenges in manufacturing. More importantly, it is required to ensure that the framework for Industry 4.0 aligns with the UN's Sustainable Development Goals. Accordingly, six fundamental design principles are necessary for Industry 4.0 to lead to a sustainable, agile and efficient enterprise.
The insightful webinar saw Mr Chikodi provide some successful business cases of industry 4.0 across industries to emphasise the importance of the design principles.
Mr Chikodi's stimulating address led to an interesting Q&A session towards the end of the webinar.