Business innovation and industrial intelligence pave the way to a future in which smart factories, intelligent machines, networked processes and big data are brought together to foster industrial growth and shift the economics. The maturity and growth of instrumentation, monitoring and automation as key technology drivers support Industry 4.0 as a viable, competent, actionable business model. The book is a primer to understand this paradigm shift of industrial revolution from industry 1.0 to industry 4.0. The focus is to comprehend the necessary pre-conditions, development & technological aspects that conceptually describe this transformation along with the understanding of practices, models and real-time experiences to achieve a sustainable smart manufacturing technology. The primary objective is to address significant what, how and why within the domain, such as: What is Industry 4.0?What is the current status of the implementation of Industry 4.0?What are the pillars of Industry 4.0?How to implement Industry 4.0?How do firms exploit Internet of Things (IoT), Big Data and other emerging technologies to improve production and services?How to accelerate the implementation of Industry 4.0?How is Industry 4.0 changing the landscape of workplace?Why this unison of the virtual and physical world is needed for smart production engineering environments?Why smart production is a game-changing new way of product design and manufacturing?weiterlesen