Published On: June 7, 2020

Photo by Laurel and Michael Evans on Unsplash Industry 1.0 was all about the transfer of manufacturing from humans to machines. Industry 2.0 increased productivity by using technology-enabled information and faster transfer of goods. With Industry 3.0, computers took over machines and allowed efficient manufacturing compared to Industry 2.0. Today, we are in Industry 4.0. This is all about data gathering at each stage of end-to-end manufacturing to allow the right product at the right place at the right time with minimal waste and downtime. In order to fully achieve Industry 4.0, there is a need to understand how efficiency can be achieved, and to do so one has to look at each stage from a data point of view. Without capturing data information at every stage of manufacturing, it is difficult to […]