Review on Industry 4.0 and its Elements

Abstract – The main Objective of this paper is to show the
rapid development in current industrial digitalization and
intelligentization and also the current trends in
manufacturing and process Industries. The term Industry
4.0 stands for Fourth Industrial revolution, which is the
highest standard in the Automation Society. Even though
Industry 4.0 is an imaginary concept there are few
concepts such as Industrial Internet of Things, Smart
manufacturing, Cloud based manufacturing used in
current world. This paper provides an overview on the
elements of Industry 4.0, its challenges and issues and also
their applications used in current era.

Key Words: Cyber Physical Systems, Big Data, Cloud
Computing.

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Review on Industry 4.0 and its Elements