What Is Industry 4.0?

In this video I explain, in very simple terms what Industry 4.0 is, also referred to as the 4th Industrial Revolution.
If you would like more information on this topic, please feel free to visit my website and sign up for content updates! I write articles every week on various different topics such as Big Data, AI and Key Performance Indicators.
Visit the Robots, Internet Of Things & Smart Devices topic page here: bernardmarr.com/default.asp?c...
Thanks for watching!

[@ninoindeutschland2477]

Really finally i found a clear meaningful video, already sent it out to all my network

[@bernardmarr]

So glad to hear you found it useful!

[@xiaojingfan9662]

Thanks a lot, your explanation is really clear and also helpful for my oral exam.

[@gregbrown5554]

Muchos gracias hermano Bernard.

[@Thiva97]

Appreciate the well elaborated explanation!

[@Bryzle1]

Don’t know how to tell you folks all about this, but, this is 30 year old news. Until I had entered a Fred Meyers distribution facility on the west coast, where it is a Walmart type facility that distributed grocery and other items to main stream box stores, I wouldn’t have believed it if I hadn’t seen it for myself. 30 football stadium size warehouses filled with racks a 100 feet tall without a human around. Nothing but robot trains and robot forklifts loading goods into trucks all by themselves. Totally mind blowing then. I can’t imagine what it is like now. And that was in the 90’s.

[@vijayas8007]

very well explained short and simple.Thank you

[@kimloannguyenthi326]

Great! Thank you so much for sharing. It's big benefit.

[@mustaphakoroma3645]

Fantastic and so educative, Thank you Sir.

[@bilalbhatti386]

Sir when you start speaking, it feels that my friend is sharing his knowledge with me.

[@bernardmarr]

That's hopefully a good thing!?

[@bilalbhatti386]

yeh -_-

[@bilalbhatti386]

I meant to say your style is different... and I like it...

[@mramirul5269]

Yes i love the way u talking

[@suaho1615]

@@bernardmarr yes, easy to understand

[@marioalbertoponceflores6429]

excellent short video to explain a big idea or the future of the industry....Many thanks. (From Mexico)

[@bernardmarr]

Glad you liked it!

[@simarjeetgill1187]

Neatly explained!

[@melisalaci1]

The best video by far on this topic!

[@alejandrolopezpardo4598]

L

[@tymothylim6550]

Thank you Bernard for the great video! It was very concise and good examples were given :)

[@richardessuman5318]

Thank You Barnard Marr

[@makrophoenix3069]

The way you describe things is so accurate! Great!

[@monsifberoual6997]

thanks alot sir for this great information , well I'm working on my thesis about smart cities so your video was full of great information

[@tinkerthoughts5013]

Awesome info!!! You made my research work polished I don't know who would dislike

[@sukmayapun2018]

Thank you sir explaing the term in simple way.. I expect more uodates about IR 4.0 in upcoming days. #from Nepal#

[@VinaySharma-xe7wg]

Very nice explaination of Industry 4.0. This will help people feel motivated and tempted to get more insight of 4.0.

[@bernardmarr]

That's great to hear!

[@Tech.Library]

@@bernardmarr has the industry 4.0 gotten to iron fabrication industry

[@anuraghiware5142]

So Informative ..Thank You Sir.....

[@bernardmarr]

I am so glad you found it useful!

[@salmaayari3216]

Thank you sir for this amazing explanation

[@bernardmarr]

Glad you liked it!

[@erandiherath3230]

Nice explanation ☺️

[@kavinduwarnakulasooriya920]

really interesting

[@andregoncalves9567]

Hi Great explanation. Do we have an article that show all of the existing tools that compose industry 4.0?

[@chandrikan341]

Thank you so much for the information that is so insightful

[@mishahappy1990]

Good explanation. I was curious because some of my teammates use the word Industry 4.0 word frequently in meetings and also in their resumes. But I have realized it's mostly a buzzword used among rookie AI engineers just so that they seem smart

[@eduardogarza7517]

If it weren’t for this video I wouldn’t have been able to summarize my industry 4.0 article hw

[@bernardmarr]

That's great to hear!

[@simecurkovic]

Great video, my students often ask me if they should pursue a graduate degree centered on Industry 4.0. From Professor Sime: If I was 25 and just came off of a job rotation in a full time role, I would start thinking about a graduate degree (assuming I had an undergrad degree in SCM with already a strong data analytics foundation via a Business Analytics minor). Of course, do what is rewarded in the culture of your organization. Look at your boss’s resume and your boss’ boss’ resume. In general, I would not do a general MBA or even an MBA with a general SCM concentration. I like certifications associated with ISM, APICS/ASCM, CSCMP, etc., but I suspect that I would not actually learn much from the process of getting certified. These certs however would externally validate me as a SCM subject matter expert and that is worth a lot in industry. However, I would get a graduate degree in something that is quicker than the traditional 12 classes (i.e., a mini MBA or MS degree). I would also get it in something I am weak in and is likely to be important. So as of 2021, what would I do? I would do something like a mini MBA (9 classes, not 12) at Rutgers (high profile SCM school, great brand) in “Digital” Supply Chain Management. Note, their mini MBA has an entire course dedicated to SCM Finance. Good luck climbing up the corporate ladder if you cannot talk to your CFO. I like SCM Finance so much, I encourage my students to get a graduate degree in Finance if they already have world class technology skills. The “Digital” transformation is getting VERY popular these days. We have heard of Industry 4.0, but in reality it is Supply Chain 4.0, because nothing happens without the supply chain HEAVILY involved. For digitization to work, manual processes have to be digitized/automated and eventually analyzed. That is what companies are doing right now. Converting manual to digitized versions requires someone with a good knowledge on systems analysis and design, data storage and information retrieval. These are the topics usually covered in IT/CIS/CS majors. A lot of companies have gone past this stage, but they are facing the next problem - data analysis. Data are collected, but no one knows what to do with it. That’s where our Business Analytics minor comes in as an undergrad. If you lack these skills, go get your MS in Data Analytics before you miss the boat. These skills would include: big data/analytics, database management, data mining, project management, SQL, Python, PMO, Tableau, Power BI, etc. Fortunately, most of my undergrads walk away with these skills. Just like AI, the boundaries of what is and what is not Industry 4.0 (supply chain 4.0, digital transformation, digitized supply chain, etc.) is quite blurry. These days any product with even a tiny element of AI/ML is claimed to be an AI product. As a new field like supply chain digitization evolves, people are still trying to figure out the essential components that characterize it. This is the reason that people offer certificates in digital supply chain in all kinds of flavor. For example, Rutgers takes a high-level managerial approach, Missouri S&T takes an ERP+BI+PM approach, and NUS takes an analytics+strategic planning approach. One issue with the mini MBA in the Digital Supply Chain at Rutgers is not their high level managerial approach per se, but perhaps the usefulness on what they predict will be super useful. They could be wrong for example on dedicating an entire course to Robotic Process Automation. This reminds me a lot about the Business Process Reengineering or Business Process Automation course that people used to offer years ago. On RPA for example,… • Will there be a continuous or frequent demand for RPA at a company? • Will new RPA need to be created or existing RPA need to be tuned often? • What kind of robots are involved? Consumer robots, manufacturing robots, or a mixture of both? • Will the course need to teach realistic applications or BPR? What technologies? What kind of robots and for what purpose? If the answer is no and no to the first two questions, the skills will likely be taught and then forgotten. This is not to say that there is no environment that needs a constant or frequent RPA design and tuning, but I wonder what kind of environment that would be and how much a company would sustain doing that for long. If the RPA is done once in a few years for example, I am not sure of the utility/usefulness of such a graduate course other than showing people that they are teaching leading-edge topics. In conclusion, get a graduate degree because the data says it will make you more successful (in general). I would do it in something that you are bad at and will be very important. SCM Finance will always be important. In the near term, Industry 4.0, Supply Chain 4.0, and Supply Chain Digitization will transform SCM orgs and the skill sets required of them.

[@anuketantakhi2396]

quite good explanation.

[@bernardmarr]

Glad you think so!

[@bradmathias7513]

Want to know how to best prepare for the next Industrial Revolution? Find out in our exclusive interview with Jonathan Reichental kzbin.info/www/bejne/bJ-Vk6VrqqeApMk

[@untitledmixture1531]

That is why there is a movie called “Terminator”

[@alimeshuggah6238]

From now on anyone asks me what is Industry 4.0, I just play the video.

[@muhdsyahmi4432]

Sir can i know, what are the different degrees of acceptance of Industry 4.0? It means from your opinion

[@emercierlaurent]

Usine de Vaudreuil of Schneider - collaboration robots and AI with humans, similar Safran

[@brostugen]

Great, will Skynet become online after IR 4.0?

[@kinzavadsariya1832]

@bernard sir can you tell what's the difference between industry 4.0 and port 4.0?

[@kinzavadsariya1832]

@Bernard Marr please enlighten.

[@nikhilawasthi2597]

Industry 1.0 : Final culmination - Panic of 1873. Industry 2.0 : Final culmination - Great Depression of 1929. Industry 3.0 : Final culmination - Subprime Crisis of 2008. And now Industry 4.0 ? God save this world...🙄🙄

[@Indian-cp4cy]

Very nice sir thank you so much 👍👍🥰🥰🥰🙏🙏🙏

[@bernardmarr]

So nice of you

[@Indian-cp4cy]

@@bernardmarr sir where r u from, I think u r not Indian 🤔🤔

[@Indian-cp4cy]

@@bernardmarr today was my exam in morning and yr yt vedio is more helpful for me 🥰🥰🥰tq sir 👍👍👍👍🙏🙏

[@ntcuong01ct1]

Dear Friends, I have a question: 1/ I think the industry 4.0 will be infrastructure of the country make a new growth, right?.

[@williamhuang5329]

Hanzhen harmonic drive gear , over 30 years experience in industrial robot arm gear reducer

[@thetranquilleforce7628]

I don't know what I would do to work with you Bro...

[@bogdanbogdanovic3678]

What to say, you always make my day! Technology is my weak point, but with these explanations coming each day, I will catch on it! It is hard for the rest of us without "tech" background to even grasp what machines can do and where all these is heading??? For example, is it possible that at one point humans will not be on the same level with machines that humans will loose control over machines, i.e. machines will be more intelligent than humans' brains???? It is the old fear came originally from movies, but pls since you are expert on this field could you give some comment on that?

[@bernardmarr]

Thank you so much for your note, Bogdan. I appreciate the feedback. My view is that as machines take over some of the tasks humans perform today, humans will be able to focus more on the 'more human' elements of jobs - the things we excel at as humans like social interactions, emotional intelligence, intuition, creativity, interpersonal communication, envisioning a better future, interpreting complex problems, etc. I believe all this will make our world a better and ultimately more human place.

[@bogdanbogdanovic3678]

@@bernardmarr I hope so too. Conversely, flash crash on commodities markets due to high frequency and algorithm trading are negative examples. I hope that humans will be always one step further in order to envisage all types of risks involved. In doing so, ethical side will be important, I mean testing...There will be high level of ethics required in order to set aside enough budgets- times, money, competent , serious people who are capable to predict such as complex scenarios, in opposite just to looking for first mover advantage at first place. As far as I understand, 5g will be one of the "pillars" of 4.0 and there are- as you know- so many rumours coupled with it. I understand this blog is not intended to be place for conversations about political economy, but the question is about ethics and regulators. Can even regulators grasp technology or they are going to ask again for explanations from facebook which they are supposed to regulate. Ok, I have exploited some common examples for the sake of making clear point. Thank you as usual!

[@bogdanbogdanovic3678]

@@bernardmarr OK the conversation is definitely about strategy, when we are at the terrain of strategy we can address reputational risk for sure for not testing or not predicting all kind of scenarios in usage.

[@bogdanbogdanovic3678]

@@bernardmarr I want to say people run for money, and this new technology is not the joke...Machines communicate with machines, as you said in video it is not isolated machine, problem whatever. For me as non tech guy it seems that problems can be at compounded scale. To make it clear I like this new technology, that is not the question. Greetings!

[@susancahill1026]

@@bernardmarr Great insight! Thanks 👍

[@tomallen6073]

Pre-AI of course, the real next revolution

[@user-of1bl7ss4j]

Sir, could i use your video in my presentation?

[@bernardmarr]

You are free to use any of my videos and and show them as part of a presentation.

[@joshuachandler989]

s/o fish&chips

[@jpbonna7173]

if you want to know more about #industry4, check this blog out: community.exchange.se.com/t5/Industry-4-0-Blog/bg-p/industry-automation-control_blog

[@youtubevideo8820]

4.0 na pala

[@mxoltsicyprianlangazane8348]

WHAT ETHICAL PROBLEMS/ISSUES DO ENGINEERS FACE UNDER THIS REVOLUTION?

[@bernardmarr]

Thank you for your question. There are many ethical issues, here is my list of ethical challenges: bernardmarr.com/the-7-biggest-ethical-challenges-of-artificial-intelligence/

[@thanhphongluu7787]

Some segments in the video are stamped not adjacent to each other

[@kastenmuller4003]

Jetzt Sprechen wir eine Art von Industrie Norm !!!!

[@amanjoshi5752]

Hi Bernard , what will be the work force ratio after 5 years from today ie 2023 /2028

[@amanjoshi5752]

In IT industry

[@amanjoshi5752]

Please answer important question for all world

[@amanjoshi5752]

Thanks

[@lilli9822]

with all these revolution I don't understand how humans still have to wash things like toilets?

[@nickfreeman9751]

From Laos

[@qqqppp97]

The age when humans play, eat and robots work.

[@bruinbergmeester8241]

Yes, having a Universal Basic Income. Too little to live, too much to dy. With a China look a like point system. Give blood and receive points, give your opinion and have penalty.

[@snapplecode7262]

But how will humans work. Basic jobs wouldn’t be available if it can just be done with robots and also very teachnical jobs

[@palvini]

Your English very simple you're speak UK English but i understand you

[@bernardmarr]

That’s good to hear 😊

[@maxsorge1202]

+2 -good better 2,3++(costs)>>_(siehe Kommentar)

[@John-fs7oh]

I dislike the video without thinking about Industry 4.0. Watch dogs warmed this in Chicago and San Francisco

[@yashpatil553]

Basically it's the starting of more layoffs 🤦‍♂️

[@zen_g.x7900]

Maybe the world at industry 5.0 the population will be very low

[@kastenmuller4003]

Jetzt Sprechen wir eine Art von Industrie Norm !!!!