New Delhi: Adoption of Industry 4.0 technologies in Manufacturing sector globally is not just important but necessary as well.
Adoption of Industry 4.0 technologies such as AR, VR, MR and IIoT offers many benefits and advantages to the manufacturing sectors.
It helps to address shortage of skilled employees and demands, overcoming human errors in manufacturing, reduce cost, increase productivity and efficiency. Besides, manufacturers can provide product customisations to meet specific needs of different sectors.
Fusion VR has unveiled probable measures to aid the adoption of industry 4.0 technologies in the Manufacturing sector globally.
The Chennai based Fusion VR is a provider of emerging technologies including AR, VR, MR, IIoT and AI.
Manufacturing excellence depends significantly on efficient systems, well designed processes, advanced machinery, good leadership and most importantly, the availability of skilled human capital.
People have been and are still the key success factor in the manufacturing sector. Lack of such skills and talent can hamper the smooth functioning of a manufacturing unit.
The US-based Manufacturing Institute says that manufacturers are willing to spend $26.2 billion on extensive internal and external training for all employees in 2020 to overcome the shortage of skilled workers. Industries choose to locate factories where there’s an abundance of qualified labor
Overcoming skill gaps through Industry 4.0
The next industrial revolution or Industry 4.0 holds immense potential in closing the skills gap in industrial manufacturing. Most employees are practical learners and credible research indicated that they acquire 70% of their skills and knowledge from experiential learning.
A combination of VR and AR technologies can transformation the workforce and significantly shorten the learning curve. Enterprises can use immersive technologies to achieve the learning, development and certification goals that organisations set for employees.
VR, AR and MR technologies can help in developing training solutions and customise to match the organisation’s needs and priorities. Using data collection, KPIs and digital dashboards helps to evaluate employees’ performance accurately. Along with scientific techniques and artifical intelligence based analysis.
A strategic combination of AR and VR technologies can help organisations deliver immersive, scenario-based, experiential learning, according to Dr. C.SS Bharathy, Founder – FusionVR.
“The approach is promising as its benefits span from improving productivity by reducing human errors, reduced time to gain operator proficiency, well-contained risks, and drastic saving on time and cost,” said Bharathy.
These technologies in Bharathy’s view spark improvement in a technician or operator’s ability to respond appropriately to critical emergency operations, establishing safety through proficiency.
Business and manufacturing leaders are urged to adopt Industry 4.0 technologies. As it provide strategic direction and resources to digitally transform their organisations for sustainable success in the 21st century. The time for that change has certainly come