February 2023
Intermediate to advanced
336 pages
9h 6m
English
book
A Roadmap for Enabling Industry 4.0 by Artificial Intelligence
by Jyotir Moy Chatterjee, Harish Garg, R. N. Thakur
Content preview from A Roadmap for Enabling Industry 4.0 by Artificial Intelligence
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1Artificial Intelligence—The Driving Force of Industry 4.0
Hesham Magd1*, Henry Jonathan2, Shad Ahmad Khan3 and Mohamed El Geddawy4
1Quality Assurance & Accreditation, Faculty of Business and Economics, Muscat, Sultanate of Oman
2Department of Transportation, Logistics, and Safety Management, Faculty of Business and Economics, Muscat, Sultanate of Oman
3College of Business, University of Buraimi, Al-Buraimi, Sultanate of Oman
4Prince Mohammed University, Al Khobar, Kingdom of Saudi Arabia
Abstract
The 21st century reminds the dawn of the 4th industrial revolution (IR), which has brought new frontiers of technology utilization to industries. Industry 4.0 chiefly relays from the 3rd revolution, taking further the application of computer and automation domain to the current century. Industry 4.0 already has shown remarkable success due to the multifaceted specialisms in digitalization and artificial intelligence (AI). However, in the face of rapidly changing technology, the growth of industrialization depends significantly on the progressive involvement of artificial intelligence applications in wide areas of industrial products and processes. AI technology potential contribution to the global economy is $15.7 trillion currently with 2% contribution from the middle east region. The manufacturing sector investment and funding on project gained in USA and China through AI-enabled technologies by automotive and IT sectors leading GDP by 115% accounting to $77.5 billion in 2021. The ...
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