One of the key tasks in Industry 4.0 is to redefine traditional data handling structures. Everyone involved in the value creation chain will need access to all necessary data in the future, starting with product development and extending all the way to the customer. The status of the individual components used and their entire history will be accessible in real time. Thanks to digital networking as part of Industry 4.0, production companies will be able to equip and start up entire factories on a virtual basis. In the future, it will be possible in real time to monitor systems and products throughout their lifecycle, to calculate their energy consumption reliably and to optimize this to meet relevant needs.
Reference: Industry 4.0, A white paper by SEW-EURODRIVE
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