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Industry 4.0 & the Industrial Internet Of Things (IIOT)

Industry 4.0 & the Industrial Internet Of Things (IIOT)€¦ · Industry 4.0 THE 4TH INDUSTRIAL REVOLUTION Enabling technologies for Industry 4.0 include: • Automation and robotics

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Industry 4.0 & the Industrial Internet Of Things (IIOT)

Dematec is on a missionIN THE NATIONAL INTEREST. WE NEED TO AUTOMATE

For 27 years we have provided automation solutions to companies in water, defense and manufacturing, enabling them to remain competitive, even when based in a high-cost economy.

Traditionally, the advantages that companies keep close to home are quality, design and function to compete with low cost economies.

Technology is eroding some of these advantages so it is important that Australian businesses adopt Industry 4.0 techniques to maintain or improve their market competitiveness.

WE ARE IN THE MIDST OF A NEW INDUSTRIAL

REVOLUTION

Industry 4.0THE 4TH INDUSTRIAL REVOLUTION

Enabling technologies for Industry 4.0 include:

• Automation and robotics

• Cloud connectivity & data processing

• Artificial intelligence

• Nanotechnology

• Biotechnology

• 3D printing

• Internet Of Things

• Autonomous vehicles

SMES CAN JOIN GLOBAL SUPPLY CHAINS AND PROJECTS THANK TO

DIGITAL TECHNOLOGIES

IIOTTHE INDUSTRIAL INTERNET OF THINGS

Key value drivers of IIOT

• Connectivity

• Real time production / process visibility

• Automated notifications & exception reporting

• Historical data analysis & reporting

• Flexibility & scalability

• Opportunities for new revenue streams & business models

Business models

For OEMs, IIOT can enable new services to

their clients:

IIOT IS NOT ONLY ABOUT COST REDUCTION

• remote management of assets (by

client or OEM)

• extended warranty service packages

• automated performance reports

Facilitates new sales models:

• rental of machines based on throughput

• remote machine licensing

System architecture forIndustrial IOT applications

• Criticality of the system in terms of up-time

and continuous data capture

• System operation in the event of loss of

internet connectivity

• Connectivity with third party data sources,

e.g. ERPs, databases, websites, etc.

• Security

• Bandwidth, update times, & data storage

KEY CONSIDERATIONS IN IIOT SYSTEM DESIGN

Demonstration