Abstract
Industries and engineering applications around the world are embracing the concept of Digital Transformation and Industry 4.0 to attain greater levels of business, asset, and product life management. This transformation is applied to all areas of a product’s life cycle which involves the design, manufacturing, and use (condition-monitoring) of a product. The methodology for carrying out digital transformation must have the following characteristics: data-driven (real-time and historical data), all-inclusive (analysis provides input in multiple areas of product from design to supply chain), self-learning (predictive analytics, artificial intelligence, machine learning, physics-based models), and human-machine interaction (user-specific visualizations and dashboards). This process allows for machines, systems, and users to be interconnected which allows for faster decision-making and lesser downtime. Another benefit of digital transformation is that it can be applied to a variety of industries that include general machinery, water treatment, composites, health sciences, and chemical systems.
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Bayoumi, AM., Matthews, R.M., Abdel Fatah, A.A. (2020). The Fourth Industrial Revolution: Digital Transformation and Industry 4.0 Applied to Product Design, Manufacturing and Operation. In: Ball, A., Gelman, L., Rao, B. (eds) Advances in Asset Management and Condition Monitoring. Smart Innovation, Systems and Technologies, vol 166. Springer, Cham. https://doi.org/10.1007/978-3-030-57745-2_85
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DOI: https://doi.org/10.1007/978-3-030-57745-2_85
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