Industry 4.0: Makes Manufacturing Factory Smatter

Sushanta K. Paul
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Sushanta K. Paul: Department: System and Process (Business Process Automation) Rahimafrooz Bangladesh Limited, Dhaka

International Journal of Research and Innovation in Applied Science, 2024, vol. 9, issue 10, 199-204

Abstract: The purpose of this article is to present an overview of industry 4.0. The goal of this presentation is to give a brief perspective of what Industry 4.0 is, its challenges in today’s manufacturing environments. Many researchers have mentioned that implementing industry 4.0 is a response to the current challenges in fast changing environments. In this paper, I have provided a comprehensive introduction and definition about this Industry 4.0 concept, transformation steps and explain the technologies involved in Industry 4.0 ecosystem. After that, I have presented several points about challenges and issues of Industry 4.0, then the most relevant and potential benefits of this new industrial paradigm. Lastly, I have ended this presentation by drawing a conclusion.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bjf:journl:v:9:y:2024:i:10:p:199-204

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