Artificial Intelligence led Industry 4.0 Application for Sustainable Development

Abstract

In recent times we can observe technological growth in respect of new expansions, innovations, and improvements in every industry. This brings a great movement in this era in the field of military, healthcare, industries, education, or daily households. Technology 4.0 has boomed into the current market with the name of Industry 4.0 which deals with the information change in automation and manufacturing technologies. It includes the concept of IoT, cloud computing, and artificial intelligence for generating smart factories and industries. Industry 4.0 knots the digital and physical progressions together to create these smart industries. It also optimizes and manages the real-time requirements and supply chain management in the factories. It makes a profit to the industries and organizations by quick decision making and its efficiency. The backbone of this technology is Artificial intelligence which gives a substantial contribution to Industry 4.0. AI deals with all the technologies we use in our daily lives. The environment in which we are living has a great impact on AI as all the physical data is associated with digital data. The dynamic nature of AI shows its efficiency in the field of sports, security, the military, industries, production, and many more organizations. Now this combination of Industry4.0 and AI together equips the application with enormous solutions and services. Industry 4.0 is still at its early stage of expansion, implementation, and employment even though it has a significant performance in every domain. In this paper, we have done a study on AI & Industry 4.0 and discussed its challenges, importance, techniques used, and outcomes. Lastly, its effects and benefits and the importance of invention in the area of industries and day-to-day lives have been discussed.