Center Of Excellence in Industry 4.0
Industry 4.0 or the fourth industrial revolution as it is called, is emerging globally as a powerful force and is being touted as the next industrial revolution. It is characterized by the increasing digitization and interconnection of products, value chains, and business models. Industry 4.0 is driven by an amalgamation of emerging technologies like data volumes, computational power, Internet of Things (IoT), business analytics, augmented reality, artificial intelligence, elemental design, simulation, advanced robotics, and cyber-physical systems. Industry 4.0 would mean the convergence of real and virtual worlds – the next phase in bringing together conventional and modern technologies in manufacturing. Today, the global manufacturing sector is undergoing a structural transformation.
A new paradigm that is in tune with the digital 21st century is fast emerging which is driven by Industry 4.0 (I 4.0).In this scenario, the Center of Excellence (CoE) can be very effective in collection of information, development and dissemination of knowledge/information, facilitation in capacity building of industries in co-ordination with various stakeholders. This will result in the “Smart Factory”, which is characterized by versatility, resource efficiency,
ergonomic design and direct integration with business partners.
The Fourth Industrial Revolution—or Industry 4.0—is expected to radically transform manufacturing as a driver of global development. Because industrialization remains a cornerstone of the long-term development aspirations of numerous developing countries, this paper addresses the following overarching questions: Are developing countries getting ready for Industry 4.0? How are they preparing? Can any lessons be gleaned from existing policy efforts around Industry 4.0?
Our offering for Industry 4.0
WE UNDER CENTRE OF EXCELLENCE PROVIDE COMPLETE SOLUTION AND DEALS INTO MAJOR INDUSTRIAL TRAINING PROGRAMS THAT COVERS ALMOST ALL ASPECTS OF INDUSTRIAL DEMANDS.