Industry 4 1

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Industry 4.0 will disrupt and change how we produce, do business, and live our lives. Related to manufacturing, the way products are produced will change radically not only within a company but also across companies. So, like any other revolution, the fourth industrial revolution will also produce winners and losers. Occupations, companies, and industries will die whereas new ones will emerge. So, companies need to adapt properly to those new technologies in order not to be pushed out of business.This book makes a contribution to understand the developments related to Industry 4.0. Experienced and well-established authors came together to shed light on different but complementary topics to offer a holistic view on Industry 4.0. Here, the Industry 4.0 ecosystem, implications of Industry 4.0 on human workforce, technical challenges and application examples are addressed.

Advances in Mathematics for Industry 4.0 examines key tools, techniques, strategies, and methods in engineering applications. By covering the latest knowledge in technology for engineering design and manufacture, chapters provide systematic and comprehensive coverage of key drivers in rapid economic development. Written by leading industry experts, chapter authors explore managing big data in processing information and helping in decision-making, including mathematical and optimization techniques for dealing with large amounts of data in short periods. Focuses on recent research in mathematics applications for Industry 4.0 Provides insights on international and transnational scales Identifies mathematics knowledge gaps for Industry 4.0 Describes fruitful areas for further research in industrial mathematics, including forthcoming international studies and research

With the rapid changes in technology that characterize the Fourth Industrial Revolution comes social evolution and the potential for future social crises. Understanding Industry 4.0 looks to determine the most probable oncoming changes and highlight the most important professions of the future.

A digital manufacturer's guide to gaining a tech advantage and taking a commercial lead with Industry 4.0 Manufacturing is in the midst of a revolution. Whole supply chains are becoming visible. Innovation is speeding up and becoming more open. Data is being shared and value is being created in real time. Potentially, performance can be transformed and new markets created, either by existing players or disruptive ventures. For all the excitement of the Fourth Industrial Revolution or Industry 4.0, the risks are too often overlooked. Like other digital markets, value can just flow to the top, leading everyone else to struggle as commodities. Manufacturers can adopt all the technologies, but still find themselves falling back, as many now are. Their challenge is to start playing by the new digital rules and capture the value in their performance. This book, written by a leading expert and practitioner in Industry 4.0, gives those on the manufacturing frontline a set of tools, templates and guidelines to start gaining a technology advantage and taking a commercial lead. Based on a comprehensive review of how manufacturing contracts are currently being written and negotiated, it highlights the questions for manufacturers to ask and reviews their options for managing innovation, designing business models, managing intellectual property and gaining a lasting source of competitive advantage. COMMENTS 'Essential reading for anyone embarking on an Industry 4.0 transformation', Brian Reilly, head of business development, Flags Software. 'A compelling book that offers intelligence and practical tools for creating new value chains from the Industry 4.0 eco-system', Deepak Farmah, head of industrial innovation, Coventry University. 'A valuable read that signposts how you and your team can make the right decisions at the right time', Christopher Greenough, chief commercial officer, SDE Technology. 'Recommended for young engineers looking to get ahead of the curve in manufacturing', Babak Jahanbani, managing director, Festo Didactic. CONTENTS (1) The fourth industrial revolution (2) Defining characteristics of Industry 4.0 (3) Transforming digital value (4) The human dimension of Industry 4.0 (5) Competitive Industry 4.0 (6) Innovation models (7) Appropriability regimes (8) Connecting value chains (9) Four cases of appropriability (10) Gains and losses (11) Your Industry 4.0 project (12) IP in the value chain (13) Managing IP for Industry 4.0 (14) Managing valuable assets (15) Protecting IP in value chains (16) A model to profit from Industry 4.0

Explore the current state of the production, processing, and manufacturing industries and discover what it will take to achieve re-industrialization of the former industrial powerhouses that can counterbalance the benefits of cheap labor providers dominating the industrial sector. This book explores the potential for the Internet of Things (IoT), Big Data, Cyber-Physical Systems (CPS), and Smart Factory technologies to replace the still largely mechanical, people-based systems of offshore locations. Industry 4.0: The Industrial Internet of Things covers Industry 4.0, a term that encapsulates trends and technologies that could rewrite the rules of manufacturing and production. What You'll Learn: Discover the Industrial Internet and Industrial Internet of Things See the technologies that must advance to enable Industry 4.0 and learn what is happening today to make that happen Observe examples of the implementation of Industry 4.0 Apply some of these case studies Discover the potential to take back the lead in manufacturing, and the potential fallout that could result Who This Book is For: Business futurists, business strategists, CEOs and CTOs, and anyone with an interest and an IT or business background; or anyone who may have a keen interest in how the future of IT, industry and production will develop over the next two decades.

This edited volume brings together a group of expert contributors to explorebthe opportunities and the challenges that Industry 4.0 (smart manufacturing) is likely to pose for regions, fi rms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems and the increase in reshoring. Industry 4.0 and Regional Transformations captures the complexity of this new manufacturing model in an accessible way and considers its implications for the future. It will be essential reading for advanced students and researchers and policy makers in regional studies, industrial policy, economic geography, innovation studies, operations management and engineering.

The book provides readers with an overview of the state of the art in the field of Industry 4.0 and related research advancements. The respective chapters identify and discuss new dimensions of both risk factors and success factors, along with performance metrics that can be employed in future research work. They also discuss a number of real-time issues, problems and applications with corresponding solutions and suggestions. Sharing new theoretical findings, tools and techniques for Industry 4.0, and covering both theoretical and application-oriented approaches, the book offers a valuable asset for newcomers to the field and practicing professionals alike.