In today's rapidly evolving industrial landscape, businesses face an unprecedented challenge: adapt to the new era of Industry 4.0 or risk being left behind. 'Industry 4.0: Harnessing the Power of Industrial IoT' is a guide that comprehensively explores how the Internet of Things (IoT) is not just revolutionizing, but transforming manufacturing, supply chains, and industrial processes. This book is your inspiration to understand and leverage the transformative potential of Industrial IoT (IIoT) to stay competitive in the modern world. Rich with insights, real-world examples, and forward-looking strategies, this book is a practical guide to the technologies and trends shaping the industry's future. From smart factories and predictive maintenance to data-driven decision-making and sustainable manufacturing, you'll discover how IoT is redefining efficiency, productivity, and innovation across every industrial sector. What You Will Find in This Book: A deep dive into the core concepts and technologies driving Industry 4.0. Practical examples of how IoT is transforming manufacturing and supply chains. Strategies for implementing IoT solutions in industrial settings. Insights into the future of automation, AI, and digital transformation. Ways to overcome common challenges in IoT adoption. The role of IoT in promoting sustainability and ethical business practices. How to prepare your workforce for the IoT-driven industrial revolution. Whether you are a business leader, technologist, or someone passionate about the industry's future, "Industry 4.0: Harnessing the Power of Industrial IoT" is tailored to your interests. It equips you with the knowledge and tools to navigate and succeed in this new era. Don't miss the opportunity to transform your operations and drive growth with the power of IoT.

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Discover the essential guide to harnessing the power of cutting-edge smart sensors in Industry 4.0, offering deep insights into fundamentals, fabrication techniques, and real-world IIoT applications, equipping you with the knowledge to revolutionize your industrial processes and stay ahead in the digital era. Over the last decade, technologies like the Internet of Things (IoT), big data, cloud computing, blockchain, artificial intelligence (AI), machine learning, device automation, smart sensors, etc., have become highly developed fundamental supports of Industry 4.0, replacing the conventional production systems with advanced methods, and thereby endorsing the smart industry vision. Industry 4.0 is more flexible and agile in dealing with several risk factors, further enabling improved productivity and efficiency, distribution, increased profitability, data integrity, and enhancing customer experience in the current commercial environment. For understanding and analyzing the environment, sensors play a major role in performing the measurements based on computation-produced results from the surrounding environment. Sensors have a wide range of applications for smart industrial operations. The evolution of flexible, low-cost, and multipurpose sensors and their system integration has been examined to develop advanced devices with applications in numerous fields of technology. With the development of both the Internet of Things (IoT) and the Industrial IoT (IIoT), advanced sensors and their associated applications are developing, resulting in the necessity for IoT sensors to be used for several industrial applications. Beneficial aspects of this book include: The latest research in materials and methodology for the fabrication of intelligent sensors, its IoT system integration, and IIoT applications are brought together; Promotes a vision towards making sensor-based monitoring and control of smart industry; Recent advances and challenges of smart sensors are discussed with an emphasis on unmet challenges and future directions of a roadmap to Industry 4.0. Audience This book is highly recommended to a wide range of researchers and industry engineers working in the area of fabrication and integration of industrial smart sensors for IIoT applications, advanced materials for sensor technology, fabrication and characterization of IoT sensors, development of low-cost sensors, sensor system design and integration, and its industrial applications. Post-graduate students from different streams like computer science, electronics and electrical engineering, information technology, electronic communication, etc. will benefit from reading this book.

This book develops the core system science needed to enable the development of a complex industrial internet of things/manufacturing cyber-physical systems (IIoT/M-CPS). Gathering contributions from leading experts in the field with years of experience in advancing manufacturing, it fosters a research community committed to advancing research and education in IIoT/M-CPS and to translating applicable science and technology into engineering practice. Presenting the current state of IIoT and the concept of cybermanufacturing, this book is at the nexus of research advances from the engineering and computer and information science domains. Readers will acquire the core system science needed to transform to cybermanufacturing that spans the full spectrum from ideation to physical realization.

This open access book explores the global challenges and experiences related to digital entrepreneurial activities, using carefully selected examples from leading companies and economies that shape world business today and tomorrow. Digital entrepreneurship and the companies steering it have an enormous global impact; they promise to transform the business world and change the way we communicate with each other. These companies use digitalization and artificial intelligence to enhance the quality of decisions and augment their business and customer operations. This book demonstrates how cloud services are continuing to evolve; how cryptocurrencies are traded in the banking industry; how platforms are created to commercialize business, and how, taken together, these developments provide new opportunities in the digitalized era. Further, it discusses a wide range of digital factors changing the way businesses operate, including artificial intelligence, chatbots, voice search, augmented and virtual reality, as well as cyber threats and data privacy management. “Digitalization mirrors the Industrial Revolution’s impact. This book provides a complement of perspectives on the opportunities emanating from such a deep seated change in our economy. It is a comprehensive collection of thought leadership mapped into a very useful framework. Scholars, digital entrepreneurs and practitioners will benefit from this timely work.” Gina O’Connor, Professor of Innovation Management at Babson College, USA “This book defines and delineates the requirements for companies to enable their businesses to succeed in a post-COVID19 world. This book deftly examines how to accomplish and achieve digital entrepreneurship by leveraging cloud computing, AI, IoT and other critical technologies. This is truly a unique “must-read” book because it goes beyond theory and provides practical examples.” Charlie Isaacs, CTO of Customer Connection at Salesforce.com, USA "This book provides digital entrepreneurs useful guidance identifying, validating and building their venture. The international authors developed new perspectives on digital entrepreneurship that can support to create impact ventures.” Felix Staeritz, CEO FoundersLane, Member of the World Economic Forum Digital Leaders Board and bestselling author of FightBack, Germany

There is no industry left where artificial intelligence is not used in some capacity. The application of this technology has already stretched across a multitude of domains including law and policy; it will soon permeate areas beyond anyone’s imagination. Technology giants such as Google, Apple, and Facebook are already investing their money, effort, and time toward integrating artificial intelligence. As this technology continues to develop and expand, it is critical for everyone to understand the various applications of artificial intelligence and its full potential. The Handbook of Research on Innovative Management Using AI in Industry 5.0 uncovers new and innovative features of artificial intelligence and how it can help in raising economic efficiency at both micro and macro levels and provides a deeper understanding of the relevant aspects of artificial intelligence impacting efficacy for better output. Covering topics such as consumer behavior, information technology, and personalized banking, it is an ideal resource for researchers, academicians, policymakers, business professionals, companies, and students.