Pom Presentation
Pom Presentation
BY –
ANUSHI BISEN (224)
AATMAJA DANGAR (226)
DHAIRVI DODIA (227)
MANAK SAHU (223)
SIMRAN BAJWA (222)
SUMIT PALKAR (225)
VEDANT GAIKWAD (229)
INDUSTRY 4.0 IN A NUTSHELL
• Industry 4.0 is signaling a change in the traditional
manufacturing landscape. Also known as the Fourth
Industrial Revolution, Industry 4.0 encompasses three
technological trends driving this transformation:
connectivity, intelligence and flexible automation.
Industry 4.0 converges IT (Information Technology) and
OT (Operational Technology), to create a cyber-physical
environment.
Major components of Industry
4.0:
• Industrial Internet of Things-
At the heart of Industry 4.0 is the Internet of Things (IoT). Put simply, IoT refers to a network of physical
devices that are digitally interconnected, facilitating the communication and exchange of data through the
Internet. These smart devices could be anything from smartphones and household appliances to cars and even
buildings.
• Big Data and Analytics-
Big Data refers to the large and complex data sets generated by IoT devices. This data comes from a wide
range of cloud and enterprise applications, websites, computers, sensors, cameras and much more — all
coming in different formats and protocols.
• Cloud computing-
The_cloud
For decades, manufacturers have been collecting and storing data with the goal of improving
operations. However, with the advent of IoT and Industry 4.0, the reality is that data is being
generated at a staggering speed and at high volumes, making it impossible to handle manually. This
creates a need for an infrastructure that can store and manage this data more efficiently.
• Additive Manufacturing-
Alongside robotics and intelligent systems, additive manufacturing, or 3D printing, is a key
technology driving Industry 4.0. Additive manufacturing works by using digital 3D models to create
parts with a 3D printer layer by layer.
CHALLENGES OF INDUSTRY 4.0
• Security – It is the most challenging aspect for industry 4.0 with the help of data breach data
base is broken and information is compromised
• Capital – transformation will require a huge investment in the new technology and it is very
costly
• Employment – with the introduction of new technology workers will need to acquire different
set of skills which is very challenging for them
• Privacy – here producers need to collect and analysis data but to the customer it might look
like a threat to his privacy .
CHARACTERISTICS OF INDUSTRY 4.0
• Real time response – it provides immediate response for quicker responses to problem .
It targets 25 sectors of the economy which range from automobile to Information Technology (IT) & Business Process
Management (BPM), the details of each can be viewed on the official site (www.makeinindia.com).
MAKE IN INDIA
It also seeks to facilitate job creation, foster innovation, enhance skill development and protect intellectual property. The
logo of ‘Make in India’ – a lion made of gear wheels – itself reflects the integral role of manufacturing in government’s
vision and national development. The initiative is built on four pillars which are as follows:
New Processes: The government is introducing several reforms to create possibilities for getting Foreign Direct
Investment (FDI) and foster business partnerships.
New Infrastructure: Infrastructure is integral to the growth of any industry. The government intends to develop
industrial corridors and build smart cities with state-of-the-art technology and high-speed communication.
New Sectors: ‘Make in India’ has identified 25 sectors to promote with the detailed information being shared through an
interactive web-portal.
New Mindset: Government in India has always been seen as a regulator and not a facilitator. This initiative intends to
change this by bringing a paradigm shift in the way Government interacts with various industries.
‘Zero defect zero effect’ is a key phrase which has come to be associated with the
Make in India campaign. In the words of Prime Minister Narendra Modi, “Let’s
think about making our product which has 'zero defect'… and 'zero effect' so that
the manufacturing does not have an adverse effect on our environment".
“Come make in India. Sell anywhere, [but] make in India.” Prime Minister
Narendra Modi said while introducing his vision to the public. And it seems that
the world is more than ready to embrace this vision, which is already set on a path
to become a reality.
THANK YOU