Internet of Services:
It means that there will be new service areas that will emerge. It includes the people who will provide services over the Internet, the people who will receive the service, the software that will provide the relationship between them, and the services themselves. Services such as e-mail services, cloud system are included here.
Cyber-Physical Systems:
It is the general name of systems that see their operations through self-driving sensors as a copy of the virtual world.
Developing smart factories presents an incredible opportunity for manufacturers entering the fourth industrial revolution. Analyzing large amounts of data collected from sensors in the production environment provides real-time visibility into production assets and can provide predictive maintenance tools to minimize equipment downtime.
The use of IoT (Internet of Things) devices in smart factories provides higher productivity and higher quality. Using AI-powered visual insights instead of manual inspection reduces production errors and saves money and time. With minimal investment, quality control personnel can use a cloud-connected smartphone to monitor production processes from virtually anywhere. By applying machine learning algorithms, manufacturers can detect errors immediately, rather than at later stages when repair work is more expensive.
Industry 4.0 concepts and technologies can be applied to all types of industrial companies, including segmented manufacturing and process manufacturing, as well as in oil and gas, mining and other industrial segments.
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