fesTalk is an important International level event organized by MIT Academy of Engineering in association with well known industrialists. The purpose is to provide a common platform to Research Scholars, Scientists, Industrialists and Academicians to deliberate upon emerging trends and challenges faced by the industry and also to foster research relations between the institute and the Industry. It aims to bring together professionals, academicians, researchers and industrialists to exchange and share their experiences and research results about various aspects of many Engineering discipline. It also provides a premier interdisciplinary forum to present and discuss the most recent innovations, trends and concerns, practical challenges encountered and the solutions adopted in the various fields. fesTalk will talk about Industry 4.0 which is the fourth industrial revolution.
Industry 4.0 is a rather vast vision and, increasingly, vast reality that also stretches beyond merely these technological aspects. It is an end-to-end industrial transformation. Industry 4.0 represents the current industrial revolution in automation and data exchange in manufacturing technologies. It includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing.
Industry 4.0 is the digital transformation of manufacturing, leveraging third platform technologies, such as Big Data/Analytics and innovation accelerators, such as the (Industrial) Internet of Things; and requiring the convergence of Information Technology and Operational Technology, IoT devices, sensors and actuators, robotics, data, artificial intelligence and manufacturing processes to realize connected factories, smart decentralized manufacturing, self-optimizing systems and the digital supply chain in the information-driven cyber-physical environment.
The major design principles in Industry 4.0 are Interoperability, Information transparency, Technical assistance, and Decentralized decisions.
The Industrialists will discuss the problems related to the solution design and analysis and the necessary solution should be found out for the same issue. There will be six talks each day wherein the Industrialists will put forward the problems and there will be a panel discussion after three talks. The following will be the themes for fesTalk
The Importance and impact of Industry 4.0
Successful industrial business models - From strategy through execution
Creating the new ecosystem
Leveraging IoT technologies within the existing environment
Mitigating security weaknesses
Robotics and Artificial Intelligence
Enabling digital transformation through intelligent automation
The Mock Placement and Project Exhibition is also an important aspect of the event. The event is scheduled on 13th, 14th and 15th December 2018. This will be an three information-packed days in which the delegates will hear from world leading international and local industrialists who will share their insights for Industry 4.0 success.
The term "Industry 4.O" originates from a project in the high-tech strategy of... more