Industry 4.0 Definition | IoT ONE Digital Transformation Advisors

Terms Glossary I Industry 4.0

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	Industry 4.0

Industry 4.0

Formal	A term coined in Germany, popularly used in Europe, and equivalent to smart manufacturing. Read More
Practical	Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing. Industry 4.0 is commonly referred to as the fourth industrial revolution. Industry 4.0 creates what has been called a "smart factory". Within the modular structured smart factories, cyber-physical systems monitor physical processes, 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. Read More
Contents

Formal

A term coined in Germany, popularly used in Europe, and equivalent to smart manufacturing.

Practical

Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing. Industry 4.0 is commonly referred to as the fourth industrial revolution.

Industry 4.0 creates what has been called a "smart factory". Within the modular structured smart factories, cyber-physical systems monitor physical processes, 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.

	Seebo Seebo is an Industry 4.0 SaaS platform with laser-focused business solutions that ‘move the needle’ for manufacturers in 3-months or less.Founded in 2012, the company has raised over $22M from Viola Ventures, TPY Capital, Pritzker Group, and other investors. Seebo was named a Gartner Cool Vendor in the Internet of Things for 2017.You can learn more by visiting our website: seebo.com or introduce Seebo to others with the following link: seebo.com/introducing-seebo.
	HITE Hite is committed to becoming the leader in Industry 4.0 overall solution services by providing industry users with the most competitive intelligent manufacturing products and solutions.Hite is a strong manufacturer and system integration service provider in possession of independent core technology in domestic field of industry informatization and automation. Hite follows the development strategy of "cooperating and focusing” while relying on its ever-improving high-power electronic platform, industrial automation and informatization R&D platform.Hite is dedicated to persistently developing the products and technologies of new energy, equipment automation, industry information network, energy saving and etc.
	SORBA IoT SORBOTICS, LLC is an innovative software company providing the most advanced Industrial IoT Technology Solutions, solving industries biggest pain points. SORBA IoT is the worlds most Advanced, Enterprise, Industrial IoT platform. Engineers, operators and maintenance crews for companies worldwide rely on the SORBA platform to manage and execute OT & IT digitalization within transportation, manufacturing, and utilities. Without equipment failure and unplanned downtime disruption, SORBA IoT empowers industries to significantlyImprove Asset Utilization & EfficiencyIncrease Operational Capacity With No New Capital ProjectsReduce Operating ExpensesDrive Economic ProfitabilityWith measureable ROI, SORBA IoT delivers the bottom-line results that companies are looking for. Ask us about our success stories and Harness The Power of YOUR DATA Using Tomorrow’s Technology.
	Ascalia Ascalia is a UK and Croatia based company that provides software and hardware solutions aimed at reducing resource and energy consumption in cities and industry.We developed our hardware and software in a way that it can be easily customizable to conform with our client's goals. Our goal is to accelerate IoT development and empower our clients to easily install and benefit from the IoT based solutions.Ascalia provides a cost-effective package of integrated software and hardware that guarantees our clients a secure and timely achievement of their business objectives as well as significant cost savings.
	iTAC Software AG (Durr) The MES Solutions provider iTAC Software AG is an independent company of the mechanical and plant engineering group Dürr and provides Internet-enabled information and communication technologies for the manufacturing industry.

Overview

Industry 4.0

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