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Showing posts from February, 2021

Industry4.0 revolution in India.

Although the advent of computer systems and automation has been ruling industries over the past few decades across the globe, India has been lagging behind because of paper-based processes and large human labor dependency. A study by the Reserve Bank of India reported an increase of 29.4% in the third quarter of the financial year 2019 compared to the same quarter period for the previous financial term. Hence, the implementation of Industry 4.0 is a major necessity today, in order to take the efficiency of every industry in the country a level higher. So, how will the successful introduction and implementation of Industry 4.0 transform the present industrial scenario of the country? This automation for industry 4.0 will result from a combination of IoT (internet of things), cyber-physical systems, and AI (or artificial intelligence), thereby reducing the intervention of humans and, in turn, improving accuracy as well as the efficiency of the entire systems. These digital transforma...