Digitization of our traditional proceedings has been a game-changer and a primary driver to the mass implementation of automation across various industries. Aside from IoT, blockchain technology and 5G advancement is opening wider doors for automation of even complex industrial procedures.
So, if you want to learn more about how these three technical advancements are influencing the Industrial Automation market, then keep on reading further. However, if you are keen to know about blockchain technology in particular, then take up essential certifications available on the web and learn blockchain technology in-depth.
Table of contents
- The impact of blockchain
- Impact of Internet of Things (IoT)
- Impact of 5G
- The combined effect of blockchain IoT and 5G technology in Industrial Automation
- Closing Thoughts
The impact of blockchain
Blockchain-based Industrial Automation across the production and manufacturing industry is ongoing in the space of asset tracking and supply chain. Here, blockchain provides a unique hash string to each component in a block that connects with the past hash string of the block. Furthermore, you get all the essential asset information, including timestamps, rates, digital locations, certifications, quality, and so on.
Hence, blockchain technology generates an environment of reliance among all the blocks on a digital ledger. Moreover, the presence of a peer-to-peer mechanism prevents chances of fraud as it automatically connects every transaction on the network where it uses hash strings to verify the transaction data.
Moreover, the food supply chain industry has the opportunity to benefit from blockchain technology to deal with foodborne illness outbreaks since it provides better transparency and product tracking.
At present, a well-known brand Walmart is partnering with IBM to execute a blockchain-enabled real-time tracking mechanism that can assist e-marketers in tracing the life cycle of food supplies from production houses to selling stores. Due to the implementation of this system, retailers can analyze and deter the spreading of foodborne bacteria preventing outbreaks.
Furthermore, in the area of pharma supply chain screening and tracking, worldwide logistics firms can make use of blockchain technology to determine shipment routes and easily trace them with the help of numerous carriers. For now, these are the ways we can use blockchain technology in the current industrial scenario. However, if you want to learn more about its potential in automation, then take up a good blockchain certification accessible to you.
Currently, it is the only one way to use blockchain technology in Industrial Automation. However, in the upcoming future we can expect it to develop further.
Impact of Internet of Things (IoT)
By IoT, we mean an identifiable electronic device connection via data plumbing that will include cloud computing, internet protocol, and web services. Further, it enables us to utilize devices like virtualized systems, tablet computers, data cloud storage, smartphones, and many others. Automation companies can expect incredible advantages with the implementation of the Internet of things (IoT) in the industry. Further, it helps in creating innovative solutions to resolve prevailing issues, streamline operations, and boost efficiencies. Currently, experts are exploring the technological concepts of IoT. With automation, IoT empowers us to create and simplify system architectures that can be efficient, inexpensive, and highly active.
IoT with automation aims to build smooth communication within the manufacturing sector, including robotics analyzers and actuators. Doing so will boost productivity and flexibility in the manufacturing area. Further, with the help of IoT, Industrial Automation has been leveraging commercial advancements in significant applications. For example, PLCs.
Impact of 5G
Aside from utility and energy, the manufacturing industry is coming out to be the most critical area that can promise new potential revenue with 5G digitization technologies. As per the study, the potential business market of 5G will reach up to 113 billion USD by 2026. Basically, it can give us a significant 7% growth in revenue from the existing service estimates.
Moreover, 5G technology offers promising network quality needed for advanced manufacturing proceedings. For critical applications, the current system needs extensive reliability and lower latency. On top of that, we need high connection density and bandwidth to ensure robust connectivity.
These are some of the requirements manufacturers need for more productivity and efficiency. Hence 5G technology can offer inexpensive services, short lead times, and flexibility for the manufacturing processes, including layout changes and production reconfiguration.
As per market research, 5G technology can address the most significant manufacturing use cases that operators can streamline. Some of these include Industrial Automation and control frameworks, designing and planning systems, and advancement in field devices connectivity.
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The combined effect of blockchain, IoT and 5G technology in Industrial Automation
The introduction of automation in the industrial sector is leading to a rapid boost in overall advantages and profits. In fact, with Industrial Automation, retailers can obtain efficient goods production as well as significant cuts in labor expenses.
With the implementation of IoT in Industrial Automation, manufacturers can ensure timely interaction among multiple industrial objects, devices, staff, and proceedings. Furthermore, 5G features, including ultra-reliable low latency communications as well as massive machine type communication, further assist IoT in handling Industrial Automation.
However, there are issues regarding trust between the reliable interaction among different industrial objects. Hence blockchain technology has been in use to provide transparency and security to ensure a reliable interaction; further, as per the blockchain developer, the immutability and decentralization of blockchain help guarantee the asset data be correct. Therefore it also helps in further enhancement of IoT-enabled applications and Industrial Automation.
Closing Thoughts
Automation is the future of industries as well as our day-to-day activities. The way we adopt technological advancements to ease our lives implies that the world is already ready for automated proceedings across numerous sectors. Also, technologies like blockchain, IoT, and 5G seem to be promising in their claims of boosting productivity and efficiency across industries.
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