What is it about?
The fourth industrial revolution (Industry 4.0) aims at transforming traditional industries into intelligent ones by incorporating innovative technologies. Industry 4.0 enables physical assets to be integrated into intertwined digital and physical processes thus creating smart factories and intelligent manufacturing environments. Internet of Things (IoT) is a rapidly growing technology that has drastically contributed to the Industry 4.0 realization.
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Perspectives
This study describes the IoT concept and explores some of the numerous IoT application domains. It also presents and analyzes the concept of Industry 4.0 and the benefits it offers as well as the relevant key technologies (e.g. industrial internet of things (IIoT), cyber-physical systems (CPSs), cloud computing, big data and advanced data analytics). Furthermore, it describes the concept of intelligent manufacturing and highlights the main IoT and Industry 4.0 challenges and open research issues. Finally, the need for innovation in the industrial domain and the impact and benefits that IoT and Industry 4.0 provide to everyday life and industries is described.
Professor Kerstin Viola Siakas
International Hellenic University
Read the Original
This page is a summary of: Internet of Things in the Context of Industry 4.0: An Overview, International Journal of Entrepreneurial Knowledge, June 2019, De Gruyter,
DOI: 10.2478/ijek-2019-0001.
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