The history of manufacturing is marked with major transformations brought by new technologies. The First Industrial Revolution captured the power of water and steam. The Second Revolution brought electric power to the factory, and the Third brought computerized automation. Today the Fourth Industrial Revolution is upon us, and in the words of Klaus Schwab, founder of the World Economic Forum, it is driven by “a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.”
Today, the Fourth Industrial Revolution is ushering in the era of smart manufacturing, driven by new technologies for capturing and analyzing data and for gaining insights and efficiencies from that data via Edge Computing and artificial intelligence applications. Smart manufacturing, enabled by digital technologies and enterprise-grade infrastructure, is the key to reducing downtime, improving product quality, increasing factory output and exceeding business objectives today and in the future.