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Industry 4.0, IoT and Big Data: The Future of Industry and Everyday

Increasingly you hear about Industry 4.0, IoT (Internet of Things) and Big Data . Definitions these that will increasingly be asserted in the near future. Let’s find out what this is about and how these 3 sectors represent the evolution, not only of industry, but also of everyday life.

Industry 4.0 is based on computer systems that interact with the company’s machinery, boasting communication, control and computational skills . We can talk about Industry 4.0 when companies leverage Internet of Things (IoT) and Big Data tools. These are absolutely innovative and cutting-edge technologies, capable of implementing and improving every business model. Let’s see in detail how these areas interact with each other.

IoT and Big Data: Two Enabling Technologies for Industry 4.0

There is no Industry 4.0 without its core enabling technologies: the Internet of Things and Big Data. Typical examples of intelligent objects are all devices capable of carving and storing information about the physical environment, facilitating their communication on the network. To date, any object can be equipped with these smart devices designed to collect and process useful information about the environment in which they are present. With the development and availability of high-capacity wireless networks, configuring and receiving output about your surroundings is possible for everyone. It is not a technology aimed exclusively at the industrial world, but it is also extended to the everyday life of all of us. Just think of all the smart devices that accompany us every day, from mobile phone to tablet to wearable items. These devices can generate and collect data, transmit it it over the network, and also receive input remotely. The mission of the IoT is, therefore, to connect physical and technological devices to each other, allowing humans to interact with them both short and long distance.
As a result of the increasing use of smart IoT objects, the availability of raw data generated by them is constantly increasing and exponentially. It’s about so-called Big Data. If, on the one hand, this is certainly a great opportunity to exploit, on the other hand, it is absolutely necessary to understand how to manage, integrate and use it. Big Data Analysis becomes the primary means to make the most of the data collected.

The Circular Process of Industry 4.0

The interaction between objects, people, services and data is perpetual and is a fundamental pillar of Industry 4.0. Through this interaction there is a continuous circular process consisting of 3 main steps: data production, analysis of the data, maintenance and reconfiguration of production processes. The cover image schematically exemplifies the environment of Industry 4.0. As already pointed out, the scope of the circular process is different. It can be used for a single production process or for the activities of several departments.

Advantages in multiple directions

The in-house adoption of this process certainly leads to an objective improvement in performance and business efficiency, especially at the level of vertical integration. But if the adoption of IoT and Big Data Analysis were expanded, the positive influence would fallon horizontal integration, representing a real and optimal advantage for the whole chain of businesses. By widening the interaction even more, and addressing Customers, the data collected and analyzed would be the main driver of theevolution of high-end business models added value.For more details contact us!

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