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INDUSTRY 4.

U M F S T TA R G U M U R E S
AGENDA
W H AT I S I N D U S T R Y 4 . 0 ?

BACKGROUND

EXAMPLES

W H AT ’ S N E X T ?

SUMMARY

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WHAT IS INDUSTRY 4.0?
Industry 4.0 conceptualizes rapid change to
technology, industries, and social patterns and
processes in the 21st century due to increasing
interconnectivity and smart automation.

Key factors :
• Artificial Intelligence
• Robotics
• Automation
• IoT
• M2M Communication

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BACKGROU
ND
•Klaus Schwab, executive chairman of
the World Economic Forum (WEF),
introduced the phrase to a wider
audience in a 2015 article published
by Foreign Affairs. But before this we
had another 3 Industrial Revolutions.

•In essence, the Fourth Industrial


Revolution is the trend towards
automation and data exchange in
manufacturing technologies and
processes which include IoT, cloud
computing, cognitive computing, and
artificial intelligence.

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EXAMPLES OF
I4.0
• Smart factory

• 3D Printing

• Smart sensors and homes

• Agriculture and food industries

• Medical domain

• Transport

• Security

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WHAT’S NEXT
Industry 4.0 has countless benefits and an
optimistic future. But this is not without obstacles.

Some of the challenges of I4.0:

• Economic - High economic costs, unclear


economic benefits/excessive investment

• Social - Privacy concerns, Surveillance and


distrust, Loss of many jobs to automatic
processes and IT-controlled processes

• Political - Unclear legal issues and data security

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SUMMARY
• The 4th industrial
r e v o l u ti o n i s a n i m p o r t a n t
step of humanity towards
an easier life.
• Although it is generally
u s e f u l a n d b e n e fi c i a l , i t
creates certain problems.
• New technologies will
a p p e a r.
• Te c h n o l o g y w i l l b e m o r e
and more present in our
everyday life.

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THANK YOU !

Bibliography
https://en.wikipedia.org/wiki/
Fourth_Industrial_Revolution#Key_themes

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