The term Industry 5.0 is a concept complementary to Industry 4.0 which is relatively new and still under development. The term was coined by the European Commission to describe the next phase of industrial development, which is characterized by a greater focus on human-centered technology, and a sustainable, ethical, and socially responsible business. Industry 5.0,… Continue reading What is Industry 5.0?
Industry 4.0-related Technologies
The technologies defined as ‘the 9 key drivers” or “the nine pillars” of Industry 4.0 comprise: Autonomous Robots: Autonomous robots are robots that are capable of performing tasks without human intervention. These robots use sensors, software, and other technologies to navigate their environment, detect objects, and make decisions based on the data they receive. They… Continue reading Industry 4.0-related Technologies
What is Industry 4.0?
Industry 4.0, which is also referred to as the fourth industrial revolution, is the current trend of automation and data exchange in manufacturing technologies. Industry 4.0 is all about the digitalization of production processes and using innovative technologies. The fourth industrial revolution was introduced and developed in Germany in 2011 but is spreading rapidly worldwide.… Continue reading What is Industry 4.0?