At Ideas2IT, we learn every day. From product engineering to data science, from blockchain to chatbots, our experts discuss driving forces at the intersection of tech and business.
We look at business through the lens of technology, and break down how cutting-edge tech will alter the way companies in various industries operate. These are some of our learnings from working with factories and helping them along the Industry 4.0 journey.
The first industrial revolution began in the late 18th century, with the mechanization of the textile industry. Nearly a century later, in the second half of the 20th century, the third industrial revolution appeared with the emergence of computers and the beginnings of automation, when robots and machines began to replace human workers on the assembly lines.
Condition-based maintenance (CBM) is about using the actual data gathered from the assets to decide what maintenance activity needs to be performed on the physical assets being monitored. In other words, it is a maintenance strategy that measures operational parameters in assets to determine a change in their condition, performing maintenance only when the need arises.
The next big change that seems to be sweeping the industry is the triad of Artificial Intelligence, Internet of Things, and blockchain. Individually, these technologies seem to have endless use cases and possibilities. However, put them together and the transformative effect seems to become multifold, forcing us to extend our imagination and reimagine the art of the possible.