New Principles and Business Models in the Era of Industry 4.0

2018-09-10 by Dmitri Koteshov

Last year, Apple launched a program for processing old iPhones. As of today, robots dismantle them and remove the most valuable parts for further re-use. The rest is disposed with minimal harm to the environment. The concept of Industry 4.0 is often depicted as a mathematical sign of infinity -...

Industry 4.0: Hopes, Fears, Reality, and Future

2018-09-04 by Dmitri Koteshov

Just recently, there’s been some serious talking about the industrial revolution in the community. Will Industry 4.0 get rid of overproduction in the world? What is the role of the blockchain technology in the new industrial future? Qualitative changes in production processes outlined under the general name of the Fourth...
smart factory

Making The Factory Smart: Step By Step

2018-08-16 by Svetlana Yurkevich

In our recent article, we touched on the basics of Smart Factory concept, its benefits and challenges that come with implementation. In a word, it’s all about the Internet of things, machine learning and advanced analytics that transform factories into dynamic, interconnected infrastructure. The “smartness” of the system generally refers...

Industrial Internet Of Things: Smart Manufacturing

2018-06-26 by Svetlana Yurkevich

In the last decade, the adoption of the Internet of things on the enterprise level has risen to the global scale. The first country to claim the new industrial revolution is Germany who announced the term “Industrie 4.0” at the famous Hannover Fair back in 2011. Now, the concept of...