The ever-expanding platform of mobile connectivity, together with the emergence of 5G-enabled cyber-physical systems and advanced cellular IoT, are laying the foundation for the fourth industrial revolution that will transform the existing business structures and provide a basis for disruptive new business. Industry 4.0 arrives in time in a critical moment for climate action. IoT, as an enabling technology, will drive an increase in industrial efficiency and help to better measure the climate impact. Digital technologies are supposed to be capable of accelerating the reduction of global emissions by up to 15% by 2030.
The era of digitalization brings key technologies for achieving an energy-efficient industry. It is the case of wireless IoT with Augmented Reality (AR) and machine learning, allowing an increase in the overall efficiency and quality in manufacturing. Sustainability impact analyses show overall reductions not only in energy consumption but also in transportation-related pollution and the use of natural resources. Better connectivity with 5G will make the onboarding of IoT much easier, making industries more measurable, trackable, and smarter in decision executing.
Other potential technologies are related to the application of remote experts that used augmented reality technologies to troubleshoot and communicate remotely with on-site technicians. Moreover, wireless IoT also allows the regulation of the temperature on the factory floor, resulting in reduced Cow emissions and up to 2% lower heating costs.
As production increases, warehousing hubs continue to grow in numbers. Autonomous Electric Transportation powered by 5G can be a key enabler in reducing transport emissions.
Main stakeholders doing R&D: Siemens, Accenture, PwC, McKinsey, Altran, Alten, Demcon, Festa Solutions, Beltech, Petrofac, Airbus, Amazon
Main stakeholders in the market: Siemens, Accenture, PwC, McKinsey, Altran, Alten, Demcon, Festa Solutions, Beltech