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1 What is Industry 4.0 and what is it not. How will it impact our lives
2 Production processes can become more efficient, resulting in less waste and more effective use of resources
3 Production processes can become more flexible, enabling the production of more customized products
4 Machines and devices can be more easily monitored and maintained because they are connected to the internet
5 Because production processes are managed with real-time data, faster decisions can be made and production processes can be made more agile
6 Because Industry 4.0 changes the nature of work, workers may need to adapt by acquiring more digital skills, for example
7 Industry 4.0 can help businesses become more competitive and contribute to environmental and social sustainability by providing more efficient, flexible, and customizable production

What is Industry 4.0 and what is it not. How will it impact our lives

12 upvotes
Best info is here
6 answers

Production processes can become more efficient, resulting in less waste and more effective use of resources

46 upvotes

Production processes can become more flexible, enabling the production of more customized products

35 upvotes

Machines and devices can be more easily monitored and maintained because they are connected to the internet

46 upvotes

Because production processes are managed with real-time data, faster decisions can be made and production processes can be made more agile

51 upvotes

Because Industry 4.0 changes the nature of work, workers may need to adapt by acquiring more digital skills, for example

76 upvotes

Industry 4.0 can help businesses become more competitive and contribute to environmental and social sustainability by providing more efficient, flexible, and customizable production

78 upvotes

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