Have you heard of Industry 4.0? You should have.
It's changing the way you do business right now
Also called as the "smart factory", Industry 4.0 is described as such because many experts consider this period as the fourth industrial revolution. It refers to the current trend of automation and data exchange in manufacturing technologies. Among other areas, includes the Internet of Things, cloud computing and cognitive analytics.
Industry 4.0 is game changing.
It is a replication reflecting the real world. Within modular structured smart factories, cyber-physical systems monitor physical processes, technologists create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, cyber-physical systems communicate and cooperate with each other and with humans in real-time both internally and across organizational services offered and used by participants of the value chain.
Amazon leverages Industry 4.0 in their logistics modeling to achieve the incredible velocity of order-delivered-to-consumer you experience every time you buy something from them.
Why should this matter to you? Because it matters to your customer
Consider that average fortune 500 company in the Industrial space has invested more than $500 million over the past 3 years to leverage the power of Industry 4.0. They grade their suppliers on a number of critical factors. Deployment of technology is one of those key performance indicators. If you aren’t investing in Industry 4.0, you risk the same challenges of the retail industry.
Where does Quality Assurance fit in with Industry 4.0?
Quality 4.0 is the term is derived from Industry 4.0 and works hand-in-hand with traditional continuous improvement methodologies. What’s being communicated is the idea that recent innovations such as Internet of Things (IoT), Artificial Intelligence (AI), Cloud Computing and Big Data Analytics enhance the ability of organizations and industries to simplify the way continuous improvement is accomplished.
Industry and Quality 4.0 are making dramatic changes in the way big companies operate, and for the better. However, deploying these technologies requires significant research and development budgets and expertise.
If you’re still operating your business from word documents, spreadsheets, paper files or Lotus notes, you and your business are being left behind.
QMSC was founded to bridge the gap between cost of access and best-in-class solution for the small to medium sized organizations who realize they need to innovate and don’t want to fall behind the competition. We have the background, knowledge and team to deliver a comprehensive operations management platform which brings emerging innovations within reach. Here’s how we help:
With QMSC you eliminate your ad-hoc segmented business practices to unify the way you do business.
Big data analytics helps you identifies core organization problems and benchmark improvement.
Gain global connectivity with our cloud-based platform, easily managing multi-site organizations.
Web-connected ensures your preventative and predictive maintenance systems correspond with your asset management hub to realize IoT value.
Experience enhanced reportability and visibility to profit loss.
Run “what-if” simulations to see how optimization affects your internal operations or stress test supply chain capacity.
Integration through API ensures the highest level of business continuity and visibility to business risk.
With our enterprise grade software, we deliver Industry 4.0 and Quality 4.0 so that you, your customers and suppliers can to make better decisions and reduce profit loss. Position your business for success in Industry 4.0 Don't get left behind!
Don't want to be left behind in Industry 4.0? Transition is easy to start.
QMSC has a solution uniquely for you.
Contact sales, to arrange a call with a solutions specialist.
Want to learn more about Industry 4.0? We’ve compiled a short list of practical examples. Take a look:
Artificial intelligence (AI)
An area of computational science that focuses on the creation of intelligent soft machines which work and react like humans. Currently, some artificially intelligent software address problems such as speech recognition, pattern learning and visual comprehension.
More production-related activities require increased data sharing across sites and company boundaries.
As performance of cloud technologies improve, near real-time visibility can be achieved. As a result, machine data and functionality will increasingly be deployed to the cloud, enabling more data-driven services for production systems.
The Industrial Internet of Things (IoT)
More devices—sometimes including unfinished products—will be enriched with embedded computing. This will allow field devices to communicate and interact both with one another and with more centralized controllers, as necessary. It will also decentralize analytics and decision making, enabling real-time responses.
Horizontal and Vertical System Integration
With Industry 4.0, companies, departments, functions, and capabilities will become much more cohesive, as cross-company, universal data-integration networks evolve and enable truly automated value chains emerge.
Simulations are being deployed in plant operations to leverage real-time data and mirror the physical world in a virtual environment. Simulations can include people, materials and machines. This will allow operators to test and optimize the machine settings for the next product in line in the virtual world before the physical changeover, thereby driving down machine setup times and increasing quality.
Big Data and Analytics
In an Industry 4.0 context, the collection and comprehensive evaluation of data from many different sources – production equipment, quality assurance feedback, employee training, supplier performance, customer paint a graphic picture to provide on-demand decision making.