There have been changes in the industry regularly, the first change in revolution was industry 1.0 which included moving from hand production components to machines, the second industrial revolution was in 1870 which started the use of electricity, the third revolution in industry involved the use of electronic and IT systems and now comes the fourth revolution i.e. Industry 4.0.
Industry 4.0 is a name for the current trend of automation and data exchange in manufacturing technologies.
It includes Internet of things, Internet of things (Iots) is the tangle of physical devices, home apparatus, and other items lodged with electronics, software, sensors, and network connectivity which enables these devices to link with each other and exchange data. The Iot network allows the objects to be sensed from your existing network.
Iots will help to increase so much business value of the company that has lead to fourth revolution which is known as Industry 4.0. It is also estimated that Internet of things will take your business to another level and increase revenue by improving productivity. The potential of the business will definitely improve with the implementation of Internet of things (Iots).
When the movement of machines, products, orders is observed from anywhere and anytime in a manufacturing industry there is increase in profit and productivity enhances. An Iot is an intelligent management system that requires no extra efforts. These Iots are inexpensive and are easily affordable for a manufacturing unit that will definitely increase the revenue of the industry. The Internet of things is the growing network of physical objects.
The term ‘Internet of things’ helps in computerization of manufacturing operations. The scope for internet connected devices is extensive.
OSMTM is a ready made solution to make your factory a Industry 4.0 / Smart Factory.
OSMTM is about “Digital Management”