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The industrial electronics industry manufactures electronic equipment for industrial purposes. Industrial electronics systems include everything from simple components like drives, sensors, and switches to sophisticated power converting technologies, PLCs and robotics.

In 1995, Clifford Stoll predicted that the internet would be a huge flop. “The truth,” Stoll wrote in an issue of Newsweek, is that “no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way the government works.”

The wide-ranging effects of the COVID-19 pandemic no doubt caught every industry in the world by surprise. Many companies had to close their doors to customers and significantly reduce the number of workers present to ensure the safe production of essential goods and provision of services.

As efficient as modern manufacturing processes have become, owning and operating a smart factory is not without its challenges. Finding ways to produce goods more quickly, with a greater degree of safety, at a higher quality, and at a lower cost are all facets of manufacturing that are urgently being iterated upon, even by industry leaders in the automotive sector.

1. Fourth Industrial Revolution or Industry 4.0

The Fourth Industrial Revolution, or often referred to as Industry 4.0, is currently underway in all aspects of the global economy. Industry 4.0 represents the ongoing automation of both the traditional manufacturing processes and other industrial practices across non-manufacturing sectors of the economy.

The Fourth Industrial Revolution, or Industry 4.0, is constantly and rapidly evolving. New technological advancements in industrial smart factories seem to be happening all the time. This article will take a look at some of the biggest current tech trends in industrial manufacturing.

To the general public, the concept of artificial intelligence (AI) is an aspect of science that lives on the periphery of our understanding. For most of us, what little we do know of it was learned through the lens of a Hollywood director; so it might surprise you to learn that the idea behind AI is not a new one – in fact, the ancient Greeks and Egyptians are among the earliest societies that postulated on the subjects of robots and automatons.