This article is in continuation with the previous part INDIA AND INDUSTRIAL REVOLUTION 4.0 Part-2.
1. The product manufacturing unit in a factory is referred to as the shop floor. It is that place where production tasks are performed in a continuous flow while manufacturing a product.
The efficiency is determined by the amount of work done by a person as well as the machine in a particular time frame.
Shop floor automation is the integration of manufacturing hardware with software. Human pace cannot match with a machine’s speed, hence shop floor automation proves to be a great breakthrough for industrial advancement. As we all know the Industrial Revolution 4.0 is mainly about integrating new technology to a very great extent in the industries, or the manufacturing sector, hence making way for automated machines to do precise jobs can be helpful.
A manufacturing task requires high precision. So, if a person is considered, it is his skill, speed and accuracy that determines the quality of a product and that too, for every single piece.
Compare this to a machine that is programmed to do a particular task. It reuses the code and hence only the code mainly determines the quality of the product.
Automation saves time, reduces wastage and increases productivity. Hence large industries can apply this
2. IoT can help us send information regarding delivery insufficiencies and this void can be filled with the help of drones for small products for faster delivery in a specific radius.
3. We know that India has a large potential for utilizing its human resource, but the problem is illiteracy, lack of digital resources etc.
If these people are given proper training in small skills such as hardware and software development and maintenance, it would prove helpful in the proper utilization of human resources in the digital domain. More importantly, with a large digital setup in the whole country, more technical problems would arise. With these skilled people in the picture, problems can be resolved in a much quicker manner and efficiently.
As we all know that there is that more and more startups are coming up these days. For this technological revolution among people, startups and youth having basic knowledge of software can help to make technology available for all. Startups do not have many liabilities as compared to tech giants. Hence, they can be more helpful at the ground-zero level. Doing this can also bring startups to the attention of many techies, and it would be an innovational breakthrough.
4. Securing the Network Against Cyber Threats- This applies to companies currently having a large digital base. Although rare, a cyberattack could be devastating to your organization’s reputation and bottom line. Whether it’s ransomware or a targeted, zero-day attack, these incidents can be detected and prevented with the right plan in place. First, your organization must have an up-to-date inventory of its digital assets to develop an understanding of its network to pinpoint any existing vulnerabilities within it. Second, you need to have authentication processes in place to guard your digital and physical assets. Third, your organization needs to have the ability to detect anomalous activity. The most effective way to achieve this is to deploy a continuous monitoring solution. Finally, your organization should have a contingency plan in place to quickly respond and recover from a potential cyberattack.
5. It is estimated that by 2023, industry 4.0 and cyber-physical systems will be at a much larger level as compared to today. With changing scenarios of technology, the current technology will not be sufficient. The nature of jobs will change. Hence, keeping that in mind, upcoming techies and also the current techies in the market should be given the knowledge of A.I., machine learning, big data analytics and IoT to efficiently adapt to the changing nature of work.
“Industry 4.0 is opening significant opportunities for organizations,” says Stankard. “From re-evaluating business models to new data-driven revenue streams, the sky is the limit and we’ve only begun to see the possibilities.“ But on the other side of the coin, there is going to be a significant incremental risk, likely posed by cyber and the immense – and growing –the amount of connectivity. There is a risk reduction element here as well. With such levels of connectivity, Industry 4.0 is likely to isolate and improve quality issues and enhance the overall customer experience. Rising to these challenges is going to be key if we are to fully take advantage of the amazing new opportunities the fourth industrial revolution will offer.”
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