The Internet of Things in the Industrial Sector

The Internet of Things in the Industrial Sector
Author: Zaigham Mahmood
Publisher: Springer
Total Pages: 340
Release: 2019-08-02
Genre: Computers
ISBN: 3030248925

This book has a focus on the development and deployment of the Industrial Internet of Things (IIoT) paradigm, discussing frameworks, methodologies, benefits and limitations, as well as providing case studies of employing the IoT vision in the industrial domain. IIoT is becoming an attractive business reality for many organisations such as manufacturing, logistics, oil and gas, energy and other utilities, mining, aviation, and many more. The opportunities for this paradigm are huge, and according to one report, the IIoT market is predicted to reach $125 billion by 2021. The driving philosophy behind the IIoT is that smart machines are better than humans at accurately capturing, analysing and communicating real-time data. The underlying technologies include distributed computing, machine learning, artificial intelligence, and machine-to-machine communication, with a typical IIoT system consisting of intelligent systems (applications, controllers, sensors, and security mechanisms), data communication infrastructure (cloud computing, edge computing, etc.), data analytics (to support business intelligence and corporate decision making), and most importantly the human element. The promised benefits of the IIoT include enhanced safety, better reliability, smart metering, inventory management, equipment tracking, and facilities management. There are, however, numerous issues that are also becoming the focus of active research, such as concerns regarding service availability, data security, and device communication. Lack of ubiquitous interoperability between heterogeneous devices is also a major concern. This book intends to fill a gap in the IIoT literature by providing the scientific contributions and latest developments from researchers and practitioners of international repute, focusing on frameworks, methodologies, benefits, and inherent issues/barriers to connected environments, especially in industrial settings. The intended audience includes network specialists, hardware engineers, and security experts who wish to adopt newer approaches for device connectivity, IoT security, and sensor-based devices design. University level students, researchers and practitioners will also find the latest innovation in technology and newer approaches relevant to the IIoT from a distributed computing perspective.

Industry 5.0

Industry 5.0
Author: Uthayan Elangovan
Publisher: CRC Press
Total Pages: 170
Release: 2021-12-27
Genre: Technology & Engineering
ISBN: 1000484661

Technology has created innovative new prospects for manufacturing industries with Industry 4.0 and has helped further the growth of the manufacturing sector. This book focuses on the next stage, which is Industry 5.0, and the steps in taking automation to that next level by increasing processes and operational efficiency, as well as reducing workforce size. Industry 5.0: The Future of the Industrial Economy discusses the integration of product, process, machine, software, and industrial robots in realizing Industry 5.0. It covers the dual integration of human intelligence with machine intelligence and reviews the results of making use of Industrial Internet of Things (IIoT) and Artificial Intelligence (AI). The creation of a new category of robots named Collaborative Robots (Cobots) specifically designed to speed up the manufacturing process and profitability is explored. This book also explores how to reduce waste in product design through the manufacturing process and offers more personalized and customized products for customers. Manufacturing, design, industrial, and mechanical engineers, as well as practicing professionals, will find this book of interest. Management executives, CIOs, CEOs, IT professionals, and academics will also find something of value in this book that takes Industry 4.0 to Industry 5.0 and beyond.

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publisher: Crown Currency
Total Pages: 194
Release: 2017-01-03
Genre: Business & Economics
ISBN: 1524758876

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

The Future of Chinese Manufacturing

The Future of Chinese Manufacturing
Author: TACHIA Chin
Publisher: Elsevier
Total Pages: 258
Release: 2018-05-24
Genre: Business & Economics
ISBN: 0081012322

The Future of Chinese Manufacturing: Employment and Labour Challenges gives context and analysis on employment and labor issues in contemporary China, specifically relating to manufacturing industries. With one fifth of the world's workforce, China has taken advantage of its cheap labor to serve as the world's factory, achieving stunning growth for two decades. This book covers the appreciation of RMB, constant increases in minimum wage, shortages of skilled workers in China's labor-intensive manufacturing sector, and the fact that many large multinational corporations (MNCs) must cut costs, and are thus shifting their main production bases to other developing countries. Under such a tough situation, and coupled with the global economic slowdown, manufacturing employment in China confronts severe labor-related challenges, such as high turnover rates, recruitment difficulties for workers, and a series of high profile labor strikes and publicity concerning working conditions. - Integrates human capital and cultural theories - Analyzes looming labor unrest and related workforce issues in China through a unique context-specific lens - Explores the roles that Chinese institutions and culture play in resolving problems related to these issues

Biogas: 10 success stories in the industrial sector

Biogas: 10 success stories in the industrial sector
Author: Francisco M. Hernández
Publisher: Francisco M. Hernández
Total Pages: 41
Release: 2015-01-19
Genre: Technology & Engineering
ISBN:

This report provides basic information about biogas production from industrial waste. It gives a comprehensive and complete knowledge of relevant factors for biogas development in the industrial sector. Ten success stories are presented with diverse locations, technologies, scales, and energy end uses, among others. To achieve a successful biogas project the first step should be carrying out a preliminary assessment considering the most relevant variables. This report intends to contribute to that step.

The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth
Author: Michael J Andrews
Publisher: University of Chicago Press
Total Pages: 633
Release: 2022-03-17
Genre: Business & Economics
ISBN: 022681078X

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--