Industry 4.0 definition

Industry 4.0 means the enterprise engaged in big data & analytics, Artificial Intelligence, Nano Technology, Quantum computing, fifth generation wireless technologies, simulations, horizontal & vertical system integration, cyber security, cloud, additive manufacturing and augmented reality across the business value chain.
Industry 4.0 means current trend of automation and data exchange in manufacturing technologies including cyber-physical systems, the Internet of things and cloud computing;
Industry 4.0. What it means for Supply Management “ Leadership & Dinner Series, Supply Chain Management Association British Columbia, January 16, 2018

Examples of Industry 4.0 in a sentence

  • In keeping with our mandate of bringing highly innovative ETF solutions to Canadian investors, we continued to focus on the future by expanding our lineup of thematic, technology-focused ETFs. Along with our existing robotics and artificial intelligence solutions, in 2018 we introduced the Horizons Blockchain Technology & Hardware Index ETF (“BKCH”), as well as the Horizons Industry 4.0 Index ETF (“FOUR”).

  • Industry 4.0: A survey on technologies, applications and open research issues.

  • Unit 1 Industry 4.0 and Digital Transformation (6 Hours)Meaning and Nature of Industry 4.0 and Latest Trends.

  • Telecommunication sector is playing a pioneer role in fulfilling Government mission of Digital India and will also have an enabling role in India’s journey to Digital Economy and Industry 4.0. Infrastructure Providers (IP1) has empowered the Telecommunication Service Providers (TSPs) by providing affordable shareable passive infrastructure.

  • In the India Digital Economy and Industry 4.0 enablement, it is visualized that Infrastructure Provider has a more contributing role to play.

  • Industry 4.0 technologies: Implementation patterns in manufacturing companies.

  • The impact of digital technology and Industry 4.0 on the ripple effect and supply chain risk analytics.

  • Industry 4.0: The future of productivity and growth in manufacturing industries.

  • Nevertheless, some strong industries in Taiwan may benefit from American policies, and the international implementation of industrial upgrading under the Industry 4.0 rubric will promote demand for automation equipment, robots, and industrial computers, etc.

  • Private 5G networks (5G NPN) are exclusive mobile networks that manufacturers can use for a defined local production site; they can be tailored to the individual needs of the manufacturer and meet future requirements in the area of Industry 4.0. Innovative approaches to simplify the deployment and operation of such private 5G networks throughout their life cycle are needed.


More Definitions of Industry 4.0

Industry 4.0 means the possibi- lity to intensively use, assess and analyze production data within the IT (Information Technology) systems of a company’s corporate level.

Related to Industry 4.0

  • S&P Industry Classification The S&P Industry Classifications set forth in Schedule 2 hereto, which industry classifications may be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

  • Best Industry Practice means that degree of skill, care and foresight and operating practice that would reasonably and ordinarily be expected of a skilled and competent supplier of services engaged in the same type of undertaking as that of the Recipient or any contractors (as applicable) under the same or similar circumstances as those contemplated by this Agreement.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the exercise of the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged within the relevant industry or business sector;

  • Prudent Industry Practices means, at a particular time, any of the practices, methods and acts which, in the exercise of reasonable judgment, will result in the proper operation and maintenance of the assets owned by a Party or its Affiliates and shall include, without limitation, the practices, methods and acts engaged in or approved by a significant portion of the industry at such time with respect to the assets of the same or similar types as the assets owned by such Party or its Affiliates. Prudent Industry Practices are not intended to be limited to optimum practices, methods or acts, to the exclusion of all others, but rather represent a spectrum of possible practices, methods and acts which could have been expected to accomplish the desired result at a commercially reasonable cost in a reliable, safe and timely fashion, in compliance with the applicable limited partnership agreement and limited liability company agreement and in accordance with all applicable laws. Prudent Industry Practices are intended to entail the same standards as the Parties would, in the prudent management of their own properties, use from time to time.

  • NERC Reliability Standards means the most recent version of those reliability standards applicable to the Generating Facility, or to the Generator Owner or the Generator Operator with respect to the Generating Facility, that are adopted by the NERC and approved by the applicable regulatory authorities, which are available at xxxx://xxx.xxxx.xxx/files/Reliability_Standards_Complete_Set.pdf, or any successor thereto.

  • Cabinet x-ray system means an x-ray system with the x-ray tube installed in an enclosure independent of existing architectural structures except the floor on which it may be placed. The cabinet x-ray system is intended to contain at least that portion of a material being irradiated, provide radiation attenuation, and exclude personnel from its interior during generation of radiation. Included are all x-ray systems designed primarily for the inspection of carry-on baggage at airline, railroad, and bus terminals, and in similar facilities. An x-ray tube used within a shielded part of a building, or x-ray equipment that may temporarily or occasionally incorporate portable shielding, is not considered a cabinet x-ray system.