Industry 4.0
The Fourth Industrial Revolution, also known as Industry 4.0 is the current trend of automation of traditional manufacturing and industrial production practices using smart technology. Internet of Things (IoT) and Machine-to-Machine (M2M) communication are integrated to achieve increased automation, smart communication and self-monitoring capabilities.
With the intelligent use of data generated during the manufacturing, using cognitive computing and machine learning technologies these smart automation techniques are able to analyze, diagnose and also predict the issues with minimal or nil human intervention. Thus Smart Factory is the next wave of automation creating an adaptive, connected, flexible and responsive manufacturing system.
Octave helps transformation of existing manufacturing set-ups to Industry 4.0 by smart automation of production & assembly processes, IoT enabled equipment and special purpose machines.