Persistent Systems Limited
Annual Report 2015-16
5
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A wide range of sensors and interconnected devices have taken the internet
to the next generation. It is estimated that there will be more than 50 billion
devices or things connected to the internet by 2020.
The impact of this is nothing short of the magnitude of the Industrial Revolution
of the 1800s. That revolution improved the process of manufacturing which
led to mass-production of goods at affordable costs. Looking ahead, “things”
will reconfigure themselves in the field, and will monitor, measure and share
their parameters to the global cloud in real-time. With sophisticated
machine-learning algorithms being built in the platform, manufacturers and
users will be able to optimize the performance of these things, in the context of
millions of other objects (things) in the field.
The Industry 4.0 revolution will improve the way we manufacture, distribute
and operate every system that is known to mankind.
Persistent's Vega digital experience frameworks integrate best-of-class
IoT solutions and help manage and make sense of the data that is being
generated by devices connected in the internet.
Industry 4.0 and the Internet of Things
Mechanization,
Steam Power
Mass Production,
Assembly Line,
Electricity
Computer and
Automation
Cyber Physical
Systems