In this Flexxbotics | AI Explainer podcast, we’re covering more smart factory technology topics related to robotics and industrial digitalization. This audio summary breaks down the following concept for you to gain insights and discover important information on the topic.

Industry 4.0 - the fourth industrial revolution - represents a significant shift in manufacturing through the use of smart factory technologies. Key components include robotic automation, industrial internet connectivity using open standards, and six sigma levels of process control for ‘lights out’ production. The overarching goal is to create fully autonomous smart factories with increased efficiency, reduced waste, and higher profit margins. Transformation occurs over time and is foundational for the future introduction of machine learning and artificial intelligence. Industry 4.0 delivers self-regulating production processes with greater visibility, agility, and continuous optimization which increases output capacity and yields while reducing waste and downtime leading to significantly higher operating margins.