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Industry 4.0 is a blend of advanced analytics, Big Data, Robotics & Automation, Artificial Intelligence, Internet of Things (IoT) and Process Digitisation across the business value chain.
When computers were introduced in Industry 3.0, it was disruptive thanks to the addition of an entirely new technology. Now, and into the future as Industry 4.0 unfolds, computers are connected and communicate with one another to ultimately make decisions without human involvement. A combination ofRead more
An online retailer Alibaba has opened the largest ‘smart warehouse‘ in China manned by 60 cutting-edge robots. These Wifi-equipped, self-charging machines are responsible for moving goods in the warehouse. They send the goods to human workers, who then arrange the products to be packed and posted toRead more
Volkswagen- Currently the release of a new car model to the market is a very long and expensive process that no longer meets the growing need of the customers for customized products with increasingly reduced time-to market. This research was based on the release of the 2017 Volkswagen T-Roc in VolkRead more
Bosch Rexroth is driving the next industrial revolution as both a lead operator and lead supplier of Industry 4.0 solutions. With a huge automation portfolio and an abundance of production experience from our own plants worldwide, we can offer leading automation and manufacturing solutions – from siRead more
A chatbot is an artificial intelligence (AI) software that can simulate a conversation (or a chat) with a user in natural language through messaging applications, websites, mobile apps or through the telephone.
Deep learning is a machine learning technique that teaches computers to do what comes naturally to humans: learn by example. Deep learning is a key technology behind driverless cars, enabling them to recognize a stop sign, or to distinguish a pedestrian from a lamppost. It is the key to voice controRead more
DMAIC (Define, Measure, Analyze, Improve and Control) refers to a data-driven improvement cycle used for improving, optimizing and stabilizing business processes and designs. The DMAIC improvement cycle is the core tool used to drive Six Sigma projects.
Blockchains are decentralized ledgers which, by definition, are not controlled by a central authority. Due to the value stored in these ledgers, bad actors have huge economic incentives to try and cause faults. That said, Byzantine Fault Tolerance, and thus a solution to the Byzantine Generals’ ProbRead more
Byzantine Fault Tolerance is the characteristic which defines a system that tolerates the class of failures that belong to the Byzantine Generals’ Problem. Byzantine Failure is the most difficult class of failure modes. It implies no restrictions, and makes no assumptions about the kind of behaviorRead more