Radwell E Magazine Issue 01 - Page 4



INDUSTRY 4.0
INDUSTRY 4.0 WILL HAVE THE IMPACT OF THE FIRST INDUSTRIAL
REVOLUTION, SQUARED
If you're wondering how Industry 4.0
will impact your organisation and other
manufacturers across the globe, you're
not alone. This new operational shift is
changing things faster than most
people realise, and if some futurists
and experts are right, Industry 4.0 will
lead to a sort of brave new world in
manufacturing, unlike anything we've
ever seen before.
The first Industrial Revolution remarkably changed
the manufacturing industry in the first half of the
19th century. With steamships, railroads, and the
mechanisation of processes in the agricultural and
textile industries, the first Industrial Revolution
didn't just help manufacturing businesses become
more efficient. It created a social, cultural, and
economic shift across the globe.
In the early 1900s, a second Industrial Revolution
was born as manufacturers began using electricity
to streamline production even further and mass
production pushed back the boundaries of
possibility. The start of the third Industrial
Revolution could be dated back to the 1950s with
the use of semiconductors and mainframe
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computing, but it really took hold in the 80s and
90s with the rise of the digital age and the
Internet. While the world is still reeling from the
digital revolution today, Industry 4.0 has already
begun.
Industry 4.0 is a new era where manufacturers use
Big Data, the IoT and interconnected computers to
automate processes while minimising the need for
human operators. The global value of all Industry
4.0 components is expected to exceed £4 trillion by
2020. You should be aware of the growing trend
toward the utilisation of Industry 4.0 technology if
you work in the manufacturing sector.
Smart data and the Internet of Things have already
changed manufacturing processes in many
organisations. Experts predict that technology will
disrupt the industry in remarkable ways.
“Industry 4.0 is set to redefine the
manufacturing industry, creating
highly adaptable workspaces which
are able to respond to customer
requirements almost instantly”, says
Martin Thomas, European Marketing
Manager at Radwell International Ltd.

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