Moving Into Industry 4.0/IOT

Drawing on a study of 795 executives from a range of sectors in Asia Pacific, Europe and the Americas, Sreenivasa Chakravarti, head innovation and transformation group, manufacturing business unit of Tata Consultancy Services shares his insights on strategic decisions involving investing in the Internet of Things (IoT).

An increasing demand for a quality Manufacturing Execution System (MES) for Industry 4.0 clearly manifests itself. The functions and properties an MES system must have are detailed in the VDI guideline 5600. But is that relevant for Industry 4.0? The Future Concept MES 4.0 casts a light on the issue.

Throughout history, materials and advances in material technology have influenced humankind. Now we just might be on the verge of the next shift in this type of technology, enabling products and functions we never believed possible. Contributed by Sandvik Coromant