Sustainable development with Industry 4.0: A study with design, features and challenges

Abstract

A new revolution called "Industry 4.0" uses internet connection technologies to bring together various components of industrial systems to create future factories and manufacturing enterprises. Industry 4.0 and related technologies are driven by disruptive innovation because it has the potential to unlock enormous, untapped value creation across all major market areas. Due to cybersecurity and data privacy vulnerabilities affecting contemporary Internet technologies, adopters of Industry 4.0 technology will face significant obstacles and barriers. The security and privacy vulnerabilities associated with Industry 4.0 go beyond those of traditional Internet-based businesses. Industry 4.0 may never reach its full potential without fixing these issues. The industrial sector has benefited from the rapid development of new technology and applications. The fourth industrial revolution, or "Industry 4.0," ushers in a new era of organization and control across the whole value chain of a product's life cycle, with an emphasis on the increasingly individualized needs of the consumer. The Internet of Things (IoT), Big Data and Analytics, and Cloud-Based Design are all components of Industry 4.0, a notion that is both futuristic and highly relevant. Continuous improvement, a focus on value-added jobs, and waste prevention can only be achieved by fully incorporating human beings into the Industry 4.0 process.

URN:NBN:sciencein.jist.2024.v12.737