Introduction to Industry Revolution 4.0 PDF

GEIT112 | Chapter 1 GEIT112 Introduction to Industry Revolution 4.0 Chapter 1 CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1...

GEIT112 | Chapter 1 GEIT112 Introduction to Industry Revolution 4.0 Chapter 1 CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 LEARNING OBJECTIVES Understand the historical context and development of the first three industrial revolutions and their influence on the emergence of the Fourth Industrial Revolution. Identify and describe the key technologies that are driving the Fourth Industrial Revolution, and their applications in various industries. Analyze the economic, social, and environmental impacts of the Fourth Industrial Revolution on various industries and sectors. Identify and describe the key technologies, infrastructure, and organizational changes necessary for implementing the Fourth Industrial Revolution. Analyze the challenges and potential risks associated with implementing the Fourth Industrial Revolution, including issues related to data privacy, cybersecurity, and social equity. CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 CONTENT Historical The breakthroughs of this revolution: Key drivers of industry 4.0 Disruptors of industry 4.0 Statistics Case study Industry 4.0 advantages Challenges CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 A HISTORICAL JOURNEY THROUGH INDUSTRIAL REVOLUTIONS Industrial Revolution Time Period Key Developments Railroads and the invention of 1st Industrial Revolution 18th-19th Centuries the Steam Engine (Mechanical Production) Electricity and the Assembly 2nd Industrial Revolution Late 19th-Early 20th Centuries Line (Mass Production) Development of Semiconductors ----> 3rd Industrial Revolution Late 20th Century Mainframe Computing (1960s) - --->Personal Computing (1970s and 80s) ----> Internet (1990s) Fusion of the revolutions across 4th Industrial Revolution 21st Century physical, digital, and biological domains 5th Industrial Revolution Human-AI Collaboration & Emerging as a potential next phase wellbeing CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 This Photo by Unknown Author is licensed under CC BY-SA-NC CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 THE BREAKTHROUGHS OF THIS REVOLUTION:  Cyber-Physical Systems  Big Data (CPS)  3D Printing  Smart Factories and Cities  Blockchain  Internet of Things (IoT)  Biotechnology  Artificial Intelligence (AI)  Nanotechnology  Robotics  Immersive Reality (IR) CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 KEY DRIVERS OF INDUSTRY 4.0 1) Technological Advancements: At the heart of Industry 4.0 lie a set of cutting-edge technologies that are constantly evolving. These include: Artificial Intelligence (AI) Internet of Things (IoT) Big Data & Analytics Cloud Computing Additive Manufacturing (3D Printing) 2) Connectivity and Automation 3) Data-Driven Decision Making 4) Evolution of the Workforce 5) Sustainability Considerations CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 DISRUPTORS OF INDUSTRY 4.0 Definition: Disruptors are change-makers. They identify inefficiencies or limitations in existing systems and utilize Industry 4.0 technologies to create entirely new approaches. This can involve novel business models, groundbreaking products or services, or innovative ways to leverage data and automation. Impact:  Increased Efficiency: Disruptors can streamline processes, optimize resource allocation, and leverage automation to create significant efficiency gains.  Enhanced Customer Experience: Disruptors often prioritize user experience, offering personalized services and on-demand solutions that cater to evolving customer needs.  Democratization of Technology: Disruptors can make advanced technologies more accessible to smaller players, fostering innovation across the entire industry. Examples of Disruptor Companies:  Airbnb (Hospitality)  Uber (Transportation)  Alibaba (E-commerce  Tesla (Manufacturing) This Photo by Unknown Author is licensed under CC BY-SA This Photo by Unknown Author is licensed under CC BY-SA-NC This Photo by Unknown Author is licensed under CC BY-NC-ND This Photo by Unknown Author is licensed under CC BY-SA CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 STATISTICS CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 STATISTICS  Job displacement concerns:  A 2017 report by McKinsey Global Institute estimated that up to 800 million jobs could be lost globally due to automation by 2030.  The report also suggests that new jobs will be created in areas like:  data analysis  Cybersecurity  Robotics A study by PwC found that Industry 4.0 could add up to $3.7 trillion to global GDP by 2030 CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 CASE STUDY Talabat Reading Page 11 Discuss it in BB Descussion CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 INDUSTRY 4.0 ADVANTAGES: Efficiency & Productivity: Robots, data, and smart machines optimize processes and reduce waste. Product Quality & Consistency: Real-time monitoring and analytics ensure consistent, high- quality products. Safety: Robots take over dangerous tasks, and worker training improves. Innovation: Faster product development and improved collaboration lead to breakthroughs. Sustainability: Less waste, efficient resource use, and integration of renewable energy. Industry 4.0 creates a smarter, more efficient, and sustainable future for industries! CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 CHALLENGES  Job displacement:  Data privacy concerns: Machines become more sophisticated Businesses need to ensure responsible data collection and usage practices. Jobs may be automated entirely. Workforce retraining.  Implementation costs: Integrating advanced technologies and building  Cybersecurity risks: smart factories can be expensive. Protecting sensitive data and ensuring operational security is crucial.  Standardization challenges: The lack of standardized protocols and  Workforce upskilling: communication interfaces across different Industry Bridging the skills gap is essential for a smooth 4.0 technologies can hold back interoperability transition. and create compatibility issues.  Ethical considerations: Issues like bias in algorithms and the potential for job displacement. This Photo by Unknown Author is licensed under CC BY-NC CIT Instructor: Basheir Al-Rei  GEIT112 | Chapter 1 The End These slides are based on the PDF reading files CIT Instructor: Basheir Al-Rei