In today’s post we will talk about the well-known industry 4.0, also known as the fourth industrial revolution. At the same time, we will mention what has to be taken into account for this 2022. The first question you will surely ask yourself is what is industry 4.0? What exactly are you looking for? We will answer these questions below.

What is Industry 4.0?

This revolution marks the introduction of new technologies, such as robotics, artificial intelligence, analytics, nanotechnology, the Internet of Things (IoT), among others. Each organization must identify which technologies best suit and meet their needs.

This is of the utmost importance, since companies that do not understand these changes and do not adapt to them; they may run the risk of losing market space, that is, becoming obsolete.

Let’s talk a little about its history

The concept of industry 4.0 was used for the first time in 2011, at the Hannover fair. It is said that two years later, the German government launched an initiative that sought to compete with foreign markets, that since they could not match production costs, the idea would be to surpass them in technology.

What challenges does Industry 4.0 have?

The most important challenges that this new revolution will face will be:

• Software development and analytics system transform the vast amount of data that smart factories produce into highly valuable and useful information.
• Respond to the current problems of energy saving and natural resource management.
• Cyber security: what company does not worry about a cyber attack? since, with the great implementation of open source systems, cybersecurity becomes a fundamental key.
• The lack of qualified personnel could cause many companies to opt for an implementation of resources of the fourth industrial revolution.
• Avoid communication or computer failures.
• Retraining of professionals, thanks to the automation of processes, many professionals will have to transform themselves professionally, adapting to new jobs that do not exist today and that will emerge with this imminent change.

These are just a few points of the great challenges that Industry 4.0 is going to face. At the same time, it is important to note that many small companies will have to make a greater investment. However, despite the fact that it is a great challenge, the important thing is not to fear technology, but to think about the positive impact that it will bring. At Possible, we have consulting services to help you find solutions to these new challenges. Contact us!

Do you think we are ready for industry 4.0? What other challenges do we face for this 2022?

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