Revolutions in the manufacturing software piles, besides claims for cutting-edge analytics using AI, ML, high speed connectivity, cloud-fog-edge (CFE) computing through IOTs, are hypothetically appreciated belongings for manufacturers.
Equipping to digitalization, the industrial establishments foresee a transformational disrupt to their landscape of prevailing trades but are forced to be delicate towards cost and fragile skills in information, communication and technologies.
Many tech selection are not designed but ventured into for capturing value and ascending impactful use cases take challenges also alongside. Use cases have to be digitally empowered, with diverse systems, applications, and landscapes for originating from inherited existing software wither through biological amalgamation or obtaining tasks that are distributed choices for results and know-hows.
In recent years, technology has made marvelous enhancements, particularly in the field of ascendable connectivity and assimilation of industry 4.0 scaleups. Thus permitting industrial establishments to bind and spread their prevailing ways, relatively switch them off completely.
Digital transformation has been observed over all trades and business regions, nevertheless at varied paces. This aims to leverage all cardinal technologies to enhance their products and services through Data science applications enhancing operational efficacies through AI-ML-DL programmable industrial processes, recovering client expectations, and transmuting business models.
The digital road map for transformation emerges alongside with novel industry 4.0 technologies predominantly connecting IoTs and CFE computing. Used sensibly, these technologies permit establishments to instrument and balance impactful use cases at trifling incremental budget.
Establishments can swing to an innovative business simulations that generates superior significance by leveraging data driven technologies with IoT-Big data –AI–Ml /DL .
In reality advances in technology is almost like a magic, fascinating industries to try novel approaches to improve their cutting edge in the market, against their competitors; with enormous pool of imaginable permutations, scrutinizing multifaceted aspects to make imminent extrapolations, and determining original associations and importing large data sets.
The Cyber physical System (CPS) framework binds devices, modules, and industry processes, to cover and remove their metamorphoses, sustain standard-compliant infrastructures to interface various data formats. This spontaneously connects products, constituents, strategies, paraphernalia, individuals, and commerce in digital space. Through this they create “digital twins” of real-world manufacturing processes in data and information space, to achieve dependable comprehensive models, enabling process or product designs, miniaturizations, and industrial shapeups.
Industry 4.0 functionalities are Interoperability, transparency, real time data acquisition processing, and digital automation. Interoperability means exchange and use of data in both Physical and Cyber systems. Transparency means openness, communication, and accountability practiced in firms, establishments, governments and societies, in short conveys same to all stakeholders. Real time data acquisition processing means operational reporting of data flowing through online with time. Finally digital automation means that technology accesses systems interface with user applications rapidly integrating and autonomously virtual through binary coding.
Take away of this address can this acronym 2S2C2ABIRD, 2S is Simulation, Systems Integration, 2C is Cloud computing and Cyber Security, 2A is Additive Manufacturing and Augmented reality, BIRD is Big Data, IoT, Robotics and Drones.
You are in the crossroads as of now. As you finish your education, options are for higher studies, or employment or entrepreneurial ventures. Amongst these the predominant chunk will opt for employment. In these VUCA age (volatility, uncertainty, complexity, and ambiguity); when you jump into employment, make sure you quickly pick MORE THAN one SKILL, within shortest span of time.
Practical encounters, in blend with the sprints of an uncertain business strategy and inadequate structural competences, end up deceiving many businesses into constant trial anguish.
Unfortunately, Industries are very fragile in their business models and cannot offer Long Term Employments. So improve your long term employability, by picking and honing skills suited to your interest.
Dr. Krishnan Umachandran
Managing Director & Industry 4.0 Head, WRW Services LLP