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The Thirteen Smart Technologies Shaping Industry 4.0
Three industrial revolutions have shaped our industrial processes. In the first industrial revolution, labor-centric production processes were mechanized through the use of water and steam power. The second was driven by moving assembly lines and mass production powered by electricity. The third was driven by electronics and the application of information technology as well as increased automated production. The fourth revolution or Industry 4.0 sees technology embed itself further in society with digital technological advances connecting all major stakeholders in core manufacturing activities.
Based on a study of 500+ engagements across 12 service providers (Accenture, Altran, Atos, Cognizant, Genpact, HCL, IBM, Infosys, LTTS, TCS, Tech Mahindra, and Wipro), we have identified 13 smart technologies shaping Industry 4.0 (See Exhibit 1). This PoV discusses the relative adoption of each technology and typical use cases.
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