Industry 4.0 and Machine Vision
The Promise of the Smart Factory and the Industrial Internet of Things
One of the most hotly discussed topics in the manufacturing world today is Industry 4.0. A broadly defined group of emerging innovations in industrial automation and data exchange, Industry 4.0 demonstrates tremendous potential to bolster productivity, reduce waste, refine product quality, enhance manufacturing flexibility, decrease operating costs and deliver myriad other benefits to the factory floor.
Points of view differ among producers and distributors about what this “Industrial Internet of Things” will mean to them. Given the highly diverse operations of global manufacturers and variations in region, industry, size, and competitive environment, the full potential of Industry 4.0 continues to take active shape. While the space continues to evolve, one thing is clear: Industry 4.0 will influence the direction of manufacturing for the next several years.
This whitepaper will discuss the current thinking on Industry 4.0. In addition, it will outline several of the key opportunities for producers and distributors, as well as the powerful role that vision technologies—one of the largest producers of data in any factory—can play for their enterprises.