19 Terms to Know About Industry 4.0

As you may already know, in May we announced the launch of our Industry 4.0 Jumpstart Kit. In line with that, we will be continuing our series of blog posts on Industry 4.0!

First, we introduced the series with Industry 4.0: What’s in A Name? Then, we examined some of the things IT leaders can do to prepare for Industry 4.0.

And now, we want to dive a little bit deeper by taking a look at some of the new lingo emerging with the fourth industrial revolution.

Get to know some of the terms surrounding Industry 4.0!

Administration shell: A popular rising Industry 4.0 term, an administrative shell describes the process of automating generic admin tasks. (Related terms: administration system)

Automation: When used to refer to Industry 4.0, automation describes the utilization of digital systems to control equipment and machinery.

Cloud computing: We all know what the cloud is, but how does it relate to Industry 4.0? In regard to Industry 4.0, cloud computing will play a central role in where–and how–data will be stored.

Cloud robotics: As we mentioned under cloud computing, communication between the physical and digital worlds will be controlled in the cloud. And with cloud robotics, communication can be more easily managed between robots used in mobile applications. (Related term: robofactory)

Cyber physical production systems: In a cyber physical system, also known as a CPS, physical and digital entities are connected, monitored and managed with computer programming and algorithms. (Related term: CPS platform)

Cyber world: This term is exactly what it sounds like: the ‘world’ in which computer communication takes place. (Related term: information world)

Data ownership: The meaning of this term is easy to guess, as data ownership refers to the legal ownership of data. Expect to hear more about data ownership as leaders and stakeholders begin utilizing and analyzing the data delivered by Industry 4.0 processes.

Digital footprint: Whenever you use the Internet, or even your cell phone, a digital footprint is the mark you leave behind. We’ve mentioned before that Industry 4.0 opens the door to new vulnerabilities, and managing and securing digital footprints will be one area of focus for many IT leaders. (Related terms: digital shadow, digital risk)

Digital supply chain: A digital supply chain is an environment in which processes are web-based. If organizations want to successfully implement Industry 4.0 ideals, they will need to integrate a digital supply chain into their processes.

Edge gateway: An edge gateway serves as a network entry point for devices typically talking to cloud services.  They also often provide network translation between networks that use different protocols. (Related term: entry device)

Fog computing: This term refers to extending cloud computing to the edge of an enterprise’s network. It brings the advantages and power of cloud computing closer to where the data is being generated and acted upon.  It can reduce the amount of data that is transferred to the cloud for processing and analysis, while also improving security.(Related terms: fog networking, fogging)

OEE: The acronym OEE, which stands for overall equipment effectiveness, refers to the evaluation of how effectively equipment is working in a manufacturing environment.

OPC UA: OPC UA, or OPC Unified Architecture, was developed by the OPC Foundation, an industry consortium focused on automation. OPC UA refers to machine the standards set for automation and communication between machines.

Open data: Another term that you’ve heard before, open data is data that is available for public use without restrictions. Data, particularly smart data, is a driving force behind Industry 4.0, and you can expect to hear more about open data in the days to come.

Predictive maintenance: One of the greatest draws of Industry 4.0 is the ability it gives to predicting productivity and maintenance needs of machines. Predictive maintenance is the term used to describe this approach.

Provisioning: This term refers to the process of enrolling, or implementing, a device into a system.

SCADA: SCADA, or supervisory control and data acquisition, refers to a control system in which peripheral devices are used to interface, in addition to computers and other networks.

Smart manufacturing: Smart manufacturing is used to describe an environment in which computers are in charge of decision-making. In a smart manufacturing environment, physical and digital are connected and communicate with one another to improve production. (Related terms: smart factory, smart production, smart data)

Value-added: One of the most popular words to describe the potential outcomes of Industry 4.0, value-added refers to the savings these integrated processes are expected to bring. (Related terms: value-added system, value-added chain, value-added process)

Are you ready to jumpstart an Industry 4.0 strategy for your organization? Contact us today to learn more about our Industry 4.0 starter plan.

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