Robotics and Automation in Industry 4.0

Author(s): Ramesh Chandra Goswami, Hiren Joshi and Sunil Gautam * .

DOI: 10.2174/9789815223491124010007

The Impact of Industry 4.0 on Manufacturing: Challenges and Opportunities

Pp: 64-82 (19)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

The concept of Industry 4.0 emerged in Europe a decade ago, and later, it was investigated and adopted by academics and industries throughout the world. Due to significant technical improvements in various industries over the past few years, the world's industrial systems have transformed. The major technologies, such as IoT and Big Data, have a large impact on Industry 4.0. They affect each and every sector of the economy. The main advantages include advances in productivity, efficiency, flexibility, decision-making process, and quality of goods and services. The challenges include analyzing the data produced and integrating new technology with the staff and equipment that are already in place. Our goal is to summarize the potential and challenges associated with adopting Industry 4.0 in the manufacturing sector.

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