Industry V5

Assembly Line

Industry 5.0: Adding the Human Edge to Industry 4.0

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Topics: Industry V5

Organizations: SAP, Universal Robots

So, Industry 5.0 does not so much represent yet another Industrial Revolution but rather serves to augment Industry 4.0 technologies by strengthening the collaboration between humans and robots. With Industry 5.0, the nine pillars of Industry 4.0 are expanded upon by a drive to place human creativity and well-being at the center of industry – to merge the speed and efficiency of machine technologies with the ingenuity and talent of human counterparts.

The integration of cobots and humans bring the potential to personalize and customize goods at an industrial level. As cobots execute repetitive tasks with exacting and predictable efficiency, humans can oversee the process to ensure that real-time requests for customization are understood and realized.

Read more at SAP Insights

Tech trends driving Industry to v5.0

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Author: Mike Bacidore

Topics: Industry v5

Organizations: Rockwell Automation

Remote connectivity, advanced engineering with multiple digital twins, mixing physical and digital assets, and the change of human-machine interaction are driving industry along that path toward Industry 5.0.

Perducat questioned whether it’s too soon to look at Industry 5.0 when all the promise of Industry 4.0 has not yet been delivered, but he identified five changes that are attainable and impactful in Frost & Sullivan’s comparison of Industry 4.0 to Industry 5.0:

  • delivery of customer experience,
  • hyper customization,
  • responsive and distributed supply chain,
  • experience-activated (interactive) products, and
  • return of manpower to factories.

Read more at Control Design

Industry 4.0 and Industry 5.0—Inception, conception and perception

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Authors: Xun Xu, Yuqian Lu, Birgit Vogel-Heuser, Lihui Wang

Topics: digital transformation, industry v5

Organizations: University of Auckland, Technical University of Munich, KTH Royal Institute of Technology

Industry 4.0, an initiative from Germany, has become a globally adopted term in the past decade. Many countries have introduced similar strategic initiatives, and a considerable research effort has been spent on developing and implementing some of the Industry 4.0 technologies. At the ten-year mark of the introduction of Industry 4.0, the European Commission announced Industry 5.0. Industry 4.0 is considered to be technology-driven, whereas Industry 5.0 is value-driven. The co-existence of two Industrial Revolutions invites questions and hence demands discussions and clarifications. We have elected to use five of these questions to structure our arguments and tried to be unbiased for the selection of the sources of information and for the discussions around the key issues. It is our intention that this article will spark and encourage continued debate and discussion around these topics.

Read more at ScienceDirect