THE FIFTH INDUSTRIAL REVOLUTION

“Industry 5.0 recognizes that man and machine must be interconnected to meet the manufacturing complexity of the future in dealing with increasing customization through an optimized robotized manufacturing process.

Industry 5.0 is likely to affect the economy, ecology, and the social world. Both the economy and environment could see major impacts because of reduced wasted material as manufacturers move toward zero-waste production, also reducing material expenses and waste management costs.

In a nutshell, Industry 5.0 will completely shift mechanical tasks to robots, while leaving creative side to the humans.

Industrial robots is a critical component of the fifth industrial revolution which involves a human’s ability to customize and personalize a product at a mass scale with the support of advanced robotic capabilities.

A collaborative robot, or cobot, is a type of robot intended to physically interact with humans in a shared workspace.

Background

Experts narrowed down four drivers that spurred this transition to further digitization of the manufacturing industry.

The drastic and rapid increase in data volumes, computing power and connectivity. This is especially seen in new wide-area networks with low power utilization. Industries find themselves facing the prospect of having to use new data in their manufacturing operations.

The advancement of analytics capabilities. Product development requires analysis for it to be successful, and the stronger and solid the analysis is, the higher would be the quality of the end product. A lot of analysis is also required to improve efficiencies of business operations.

The introduction of new form of human and machine interactions. These include the development of augmented-reality systems, and systems that make full use of touch interfaces and other hands-free operating systems.

The innovations in easing the transfer of digital data to something physically usable. Examples include the improvements in advanced robotics and the onset of 3D printing technology as well as rapid prototyping.

With these drivers at work, industries are finding it increasingly imperative to keep up with the times, especially if they plan to remain competitive.

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