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.
