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The opportunities of Industry 4.0

The steam engine's entry in the late 1700s started the first industrial revolution and led to industrial manufacturing and mechanization. The second part of the industrial revolution came at the end of the 19th century with the power of electricity and caused the industrial society to get its real breakthrough with increased mass production. With the second industrial revolution, society was transformed into increased urbanization and higher education levels. The infrastructure developed fast and introduced export and import of goods between countries and continents together with increased mass production. 

After the Second World War, the third industrial revolution came, the digital. The digital revolution is defined as the change from mechanical and analog electronic technology to digital. The term also refers to the radical changes created by digital computing and communication in the latter part of the 20th century. We are now facing the start of the fourth industrial revolution, also called Industry 4.0. The term Industry 4.0 contains concepts such as the Internet of Things, cloud computing and cognitive computing, and is characterized by a quest for a more automated industrial society.

Industry 4.0 today

When you address the topic Industry 4.0, there are many questions and perceptions about what the term really means and what opportunities exist for companies trying to explore the field. There is widespread uncertainty about how to define Industry 4.0, we at Hectronic here give our view on how we look at Industry 4.0 and what reasons and opportunities we see for companies developing in the field.
Industry 4.0 is a way to look at the digitization that takes place in the industrial sectors. From a more concrete point of view this consists of built-in sensors in more or less all components and equipment that have a part in industrialization and logistics around them. The large amount of sensors generates a huge amount of data to analyze when combined in local and global networks. This analysis allows you to generate major efficiency improvements and other enhancements based on this data. This, in turn, places great demands on the compatibility and interoperability of machines, sensors and the human beings that will communicate with them. Unless all data generated are taken care of and analyzed the big gains made possible through the collection of data will be lost. 
The basic capabilities of Industry 4.0 are to effectively contextualize the virtual copy of the physical world the sensors create. By doing this you can solve problems and make decisions based on information that was previously unavailable or possible for people to analyze. In the long run, it will also be possible to automate decision making in some simple but largely data-driven issues.

Five reasons to invest in Industry 4.0

1. Improved operational efficiency
Optimization of equipment, software and people has a positive impact on productivity and quality. At the same time, data-driven processes create a reduction of production errors and thus lower costs.

2. Customer driven development
Digitalized and automated processes provide new ways to offer products and services that can generate new revenue source and increase margins. Better ways to design and create your production processes can further extend the understanding of customer needs and improve the business offer.

3. Transparency of information
Sensors create a virtual copy of the physical world making it easier to get a correct picture to make decision on.

4. Product development
As intelligence is added to production, it can result in significant cost savings, the possibilities go beyond optimization. As less manual work is required in production, people can focus on developing new ideas related to future products and services.

5. New business models
Data-driven processes change how people interact with machines. Because less manual work is required in production, people can focus on developing new ideas related to products and services.

Hectronics industry 4.0 capabilities

Hectronic is, as the leading designer and manufacturer of embedded computer solutions in the Northern European region, well equipped and experienced in delivering solutions in the Industry 4.0 and IoT sector. Hectronic’s in-house hardware and software departments help customers reach their goals by developing products that match the requirements of data collection and connectivity.
As Hectronic keeps the complete development process in-house, future product support and further development becomes quicker and easier which is crucial in the constantly developing market.
Do you have an industrial or IoT project that’s about to start or is planned for the near future? Are you considering developing products that generate huge amount of data through sensors and networks? Give us a call or send us an email to experience what Hectronic can offer in terms of embedded computer solutions that are tailored to your requirements.
If you are looking for more information, don’t hesitate to contact our sales department at +46 18 660 700 or send an email to sales@hectronic.se.

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