Industry 4.0 and the Internet of Things (IoT) are similar, but not quite the same.
In fact, they work together to help manufacturers increase their productivity.
Today we will discuss what they have in common, how they are different, and how they collaborate.
Similarities between IoT and Industry 4.0
Both Industry and IoT involve smart technology that is made to make your life or your business easier.
In fact, IoT products are often a vital component of Industry 4.0!
That's probably why those terms are used so interchangeably.
Differences between IoT and Industry 4.0
The major differences between IoT and Industry 4.0 come down to scope.
IoT is a more individual term - such as IoT enabled products. These can be used in the manufacturing industry, but they are truly everywhere at this point. IoT products are in homes, stores, offices, and so much more.
On the flip side, Industry 4.0 refers to the industry as a whole. IoT products, artificial intelligence, and more all come together as Industry 4.0.
How they work together
When IoT technology is used to enable Industry 4.0, that's where productivity and efficiency increase.
Forbes reported, "The upshot of all this means that organizations are now starting to follow through on one of the key imperatives of the Industry 4.0 vision: to use data in smart ways to drive better business outcomes."
Some of the biggest benefits come from sensors and predictive maintenance. This is where we come in! Contact us today to find out what our technology can do for you.
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