Top 5 Technology Trends In Industry 4.0 Revolution
In our fast-paced world, we have come to a point where technology is at the epicenter of how we live and how we do things. Consequently, it is now at the heart of how we practice business, be it an SMB or a large enterprise. The industries are forever changing in one way or another because of technological innovations. We've never lived in a world of more connectivity and greater digital progress, which can make things harder for business owners who are not prioritizing these technological reforms and changes. With our world at the brim of Industry 4.0, failing to keep your business up-to-date with the emerging technologies will have you struggling to survive in a market that is biased toward those that are adaptive to change. Having a good product or service will only take you so far, it is important to have a business strategy that reflects the demands and needs of your tech-dependent consumers to beat the stiffened market competition.
Industry 4.0 revolution is characterized by automation, innovation, big data collection, and data exchange that helps businesses build smart enterprise processes that are more digitized, efficient, and customer-focused. This blog is a deep dive into the top 5 technology trends of Industry 4.0. These trends will help businesses leverage the power of innovation and technology to stay at the top.
The Internet of Things (IoT)
IoT devices can acquire and exchange data with sensors. IoT wearable technology combines wearable computing devices such as wristbands, smartwatches, digital machines, and more. It connects things that are in your digital network when these wearable devices are worn by employees or other physical things. The ability of machines to connect and share information with each other is a key part of the Internet of Things (IoT) . It interacts with multiple different pieces of information, collects data, and shares it from one machine to another, with minimal human intervention, to support the goal of getting your business done faster than ever before.
The 5G Network
5G+ is the fifth generation of a wireless standard that brings us faster speeds and more reliable connectivity. When paired with other networking innovations it could also lead to a future where consumers can connect with almost anything at any time. The fifth generation of mobile internet connectivity promises faster speed, better connectivity, minimal energy consumption (90% reduction from 4G networks), and increased data rates (up to 10Gbps) .
5G network coverage will help fuel this growing field by allowing for faster speeds, and greater connectivity as opposed to current 4G network speeds - but it won't just be about speed and data exchange! Since 5G networks can connect more devices within specific geolocation than what is currently possible with 4G connections, we're not only talking super fast internet - but also maximizing device connection capacity and being able to keep everything powered up without running into slowdowns or downtime.
Artificial Intelligence (AI)
Artificial Intelligence or machine intelligence, refers to the ability of machines to learn when exposed to new data. That is, the software can make decisions, streamline tasks and modify its behavior based on experience, rather than being explicitly programmed.
AI has been reshaping our world to evolve in the best way possible. It's already used for things like dealing with credit card fraud and Google searches, and it's the technology powering Netflix's personalized suggestions, virtual assistants, chatbots as well as Amazon's recommended products for users. it is a highly profitable investment that saves cost overheads, delivers faster and better services, and has fewer chances of error, covering up for the limitations of human resources.
Wi-Fi Edition 6
Wi-Fi Edition 6 is the latest generation of wireless connectivity that boasts more advanced speeds and stronger network performance. In our ever-connected world, this technology is going to become increasingly important as the lines between work and home life begin to blur with remote work. This new standard guarantees a seamless connection to access the internet, so remote workers have the agility they need to maintain close communication with their teams and connect whenever they need to.
Big Data & Analytics
With the accelerations in digital advancements, data collected by today’s technology is massive. It is too vast for human beings to comprehend it all. So instead of analyzing all this data manually, companies can benefit from using advanced computer algorithms which will help in finding patterns, informational insights, and analysis automatically
The data automated by machines and digital devices can help businesses make better decisions, track patterns, learn consumer behaviors, and even predict future outcomes. Information that would go unnoticed before, is intelligently caught by device algorithms that are used to enhance productivity and performance.
The real question is: Are you ready for the changes that are coming your way, even if they seem good on the surface? The challenge of implementing, managing, securing, and controlling these technological devices and the data they collect can be daunting if your business is not well-equipped. If you are confused about where to begin with effective technology management look no further. CubiLock EMM solution helps businesses harness the power of technology and prepare for the future of a global digital marketplace all in one place.