Industry 4.0 Technology jointly developed by IIT Kharagpur and TCS 

Industry 4.0 Technology jointly developed by IIT Kharagpur and TCS 

Part of: GS Prelims and GS-III – Industry; Innovation; Science and Technology 

In news

• IIT Kharagpur and Tata Consultancy Services (TCS) have jointly developed a novel Industry 4.0 Technology. 
• It is developed for remotely controlled factory operations and real-time quality correction during industrial production so as to deliver quality output at low costs.

Important value additions 

Industrial Revolution 4.0

• Klaus Schwab, founder and executive chairman of the Geneva-based WEF, published a book in 2016 titled “The Fourth Industrial Revolution” and coined the term at the Davos meeting in the same year.
• It refers to how technologies like artificial intelligence, autonomous vehicles and the internet of things are merging with humans’ physical lives.
• Examples: Voice-activated assistants, facial ID recognition or digital health-care sensors.
• There is a common theme among each of the industrial revolutions: the invention of a specific technology that changed society fundamentally.

• Major invention of The First Industrial Revolution: The steam engine. The steam engine enabled new manufacturing processes, leading to the creation of factories.
• Major inventions of the Second Industrial Revolution: Light bulb, telephone and internal combustion engine 
• Major inventions of the Third Industrial Revolution: The semiconductor, personal computer and the Internet. This is also referred to as the “Digital Revolution.”
• The Fourth Industrial Revolution is different from the third for two reasons: the gap between the digital, physical and biological worlds is shrinking, and technology is changing faster than ever.