Abstract
With the upsurge of technology inventions, the manufacturing industries has revolutionized. Industrial revolution has completely transformed the social and economic life of an individual. It started in the seventeenth century with the use of simple steam engines has come a long way. Every major breakthrough in the technology changed the face of manufacturing industries. At present, we are in the era of Industry 4.0 which is hailed as the age of cyber-physical systems that has taken manufacturing and associated industry processes to an unforeseen level with flexible production including manufacturing, supply chain, delivery, and maintenance. This chapter presents an in-depth discussion on various aspects of Industry 4.0, its beginning, the founding pillars of industry 4.0. In addition to that other allied rudiments such as cross-technological, functional, talent and business developments are also discussed from the perspective of real time scenarios. This chapter also previews detailed knowledge about horizontal-vertical system integration and supply chain that aids in enabling and designing smooth manufacturing process in order to gain more profit.
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Sharma, A., Jain, D.K. (2020). Development of Industry 4.0. In: Nayyar, A., Kumar, A. (eds) A Roadmap to Industry 4.0: Smart Production, Sharp Business and Sustainable Development. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-030-14544-6_2
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