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Global supply chains are buckling under the strain of unprecedented demand and constricted logistics capacity. Added to skyrocketing inflationary forces, it’s no wonder that an increasing number of OEMs are embracing Industry 4.0 to bolster enterprise efficiency by making their manufacturing more aware, predictive, and autonomous.
 
The shift from Industry 3.0 to Industry 4.0 involves the convergence between information technology (IT) and operational technology (OT). Connecting OT systems to an IT network allows a more detailed view of individual equipment and creates a comprehensive view of the entire ecosystem, simplifying management and operation. Besides allowing machines to be largely operated autonomously without human supervision, Industry 4.0 creates higher value when data collected from intelligent sensors and actuators connected to equipment leads to better decision making, as well as to the “learning” that’s now possible with artificial intelligence (AI) and machine learning (ML). These benefits are compelling and explain the explosion of interest in Industry 4.0. 
 
For OEMs, Industry 4.0 unlocks actionable data throughout the plant and beyond, improving operational awareness in manufacturing and maintenance processes. For example, automated assembly systems that once operated in data silos can be connected with IT databases from purchasing, compliance, and customer service departments, or to data from a Manufacturing Execution System (MES) and Enterprise Resource Planning (ERP) to identify trends, detect bottlenecks, and take advantage of emerging opportunities. As another example, analyzing big data collected from sensors on the factory floor provides real-time visibility of manufacturing assets to facilitate predictive maintenance in order to minimize costly downtime. In this instance, machine learning algorithms detect and target faulty parts before they wear out, rather than wait until repair work is more expensive. 

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