1In the age of 4th industrial revolution, operational and information technologies are increasingly getting converged to help organizations improve their topline through new innovative products and services, and improve bottom line by improving efficiencies. This transformation is driven by convergence of many advanced technologies such as advanced sensor and communication technologies, big data, advanced analytics, Artificial Intelligence (AI), robotics, additive manufacturing, virtual and augmented reality (VR/AR). Enterprises digitization journey continues to adopt advanced technologies through multi-pronged approach to achieve their near-term and long-term goals.
This paper summarizes Industry 4.0 journey, its relevance and applications to aerospace. It also summarizes how Industry 4.0 concepts can be applied to a composite manufacturing shop floor of aerospace components, how effective convergence of IoT, analytics, machine learning, AI and AR/VR help in improving the overall efficiency, reliability, availability and quality of the manufacturing shop floor by monitoring real time data to evaluate the overall performance of manufacturing plant “As Designed” Vs “As Operated” quantifying the business value.