A Review of Change from Industrial-Aged Systems to Information-Based Systems
DOI:
https://doi.org/10.70670/sra.v3i4.1253Keywords:
Industry 4.0, Model-driven engineering, Modular components, Product life-cycle management, Production Framework.Abstract
New industrial technology marked the commencement of the fourth industrial age. On the other hand, it is tough to update an industry's obsolete technical level. Retrofitting is a common method for incorporating new technology into older equipment in a timely and cost-effective manner. In recent years, academics and business leaders have embraced Industry 4.0, often known as the Fourth Industrial Revolution. Manufacturing processes, efficiency, data management, customer interactions, and market competitiveness are all components of Industry 4.0. This study seeks to build new manufacturing paradigms. The usage of data defines an industry 4.0 production typology. This research provides access to an ever-growing repository of knowledge about Industry 4.0. Research into Smart Factories has unearthed a plethora of unknown knowledge.
