Industry 4.0 is the next step in the evolution of manufacturing, based on the idea that machines should be able to communicate with each other and work together to create new products and services. Also known as the fourth industrial revolution, Industry 4.0 solutions are already changing the way we live and work forever—and making a huge impact on the world economy. Industry 4.0 is the application of technology to digitally transform how industrial companies operate. These technologies include the industrial IoT, automation and robotics, predictive maintenance, simulation, additive manufacturing, and IoT analytics. Industry 4.0 is driven by a need to boost efficiency, become more agile to respond to market unpredictability, improve quality, and to enable new business models.
The term was coined by Klaus Schwab, founder and executive chairman of the World Economic Forum. Our manufacturing solutions today have advanced far past where the industrial revolution got its start—and companies like yours are reaping the benefits of digital transformation initiatives today from this evolution.
Industry 4.0 is the new era of manufacturing, combining technology, robotics, artificial intelligence, and automation to create an efficient and effective manufacturing process. Investing in new technologies—where digital solutions transform your physical operations—means keeping the benefits for the organization at the forefront of your strategy. When it comes to Industry 4.0 digital transformation in your factory, your business can achieve increased productivity and efficiency, higher quality and output, and improved safety across your lines, assemblies, plants, and factories.
Enhanced machine monitoring through industrial connectivity means less unplanned downtime for unforeseen incidents, increasing your overall equipment effectiveness (OEE). Increased machine efficiency for increase capacity utilization can mean faster changeovers, all helping to speed up new product introductions. Removing the traditional silos that run manufacturing plants with Industry 4.0 technologies can help improve collaboration and knowledge sharing for increased agility and flexibility in your workforce. Even operational cost reductions are within reach—especially when systems integration and data management solutions lead to less production line downtime, increased quality, and, as a result, less resource, materials, and product waste.
Learn how PTC customers are already achieving these benefits of Industry 4.0 transformations:
increase in operator productivity
increase in OEE
reduction in downtime
decrease in changeover time
reduction in scrap and rework costs
PTC's digital manufacturing solution suite brings together out-of-the-box solutions powered by leading industrial IoT and augmented reality technology platforms and is designed to make a successful move to smart manufacturing. From unlocking the value of IIoT and AR with digital twin technology to improve enterprise asset management, these solutions can better enable your teams to accelerate digital transformation. Discover how the following solutions will deliver efficiency, productivity, and profit across your business.
Digital Performance Management helps identify, prioritize, act on, and monitor problem-solving opportunities for the greatest potential P&L impact.
Connected Work Cell streamlines how information is delivered to frontline workers by aggregating critical data from multiple data silos into a simplified visual application.
Asset monitoring and utilization help manufacturers connect to existing assets, remotely monitor them in real-time, generate alerts based on abnormal conditions, and deliver critical insights with data trending and analysis tools.
Empower your teams with real-time insights and visibility into people, product, equipment, and performance data with industrial IoT. See how industrial connectivity can transform your factory operations and help deliver double-digit impact.
Detect failure signals, make critical service decisions, and prevent unplanned downtime with industrial artificial intelligence. Read how AI and machine learning can help build better predictive models.
Digital twins are emerging as the best way for enterprises to transform the way they make sense of data and compound value from digital transformation initiatives. Learn why this is a strategic imperative for digital transformation.
Improve how your engineering team designs for manufacturability to help reduce operational costs of production. Design, develop, and document innovative products with parametric modeling, generative design, and simulation and analysis tools.
Explore how industrial augmented reality solutions can help you improve workforce efficiency and safety. Enhance your training, onboarding, and upskilling programs with augmented work instructions, expert knowledge capture and transfer, and more.
Ensure teams have up-to-date product data that's delivered securely, in context, and managed with data governance and traceability processes. With better product data, teams can reduce time to market, increase productivity, and reduce costs.
Industry experts from PTC, McKinsey, and Rockwell Automation discuss the Industry 4.0 concepts enabling manufacturers to overcome new challenges.
Read Acatech’s in-depth research to learn how you can build your own Industry 4.0 plan for digital transformation.