Industry 4.0 jargon buster

Sofia, BULGARIA: Dictionaries are displayed for sale 14 December 2006 at an open-air bookmarket in Sofia. Bulgaria is the second country after Greece to bring a new alphabet into the Latin-dominated European Union. AFP PHOTO / DIMITAR DILKOFF (Photo credit should read DIMITAR DILKOFF/AFP/Getty Images) | Dimiotar Dilkoff/AFP via Getty Images A-to-Z guide to Industry 4.0 buzzwords. By Chris Spillane 7/7/16, 5:58 AM CET Advanced manufacturing — New industrial technologies that integrate software into the manufacturing process. According to Gartner, advanced technology “is still immature but promises to deliver significant value” or “has some technical maturity but still has relatively few users.” Artificial Intelligence (AI) — Also called machine intelligence. The capacity of a machine to perceive its environment and make rational decisions based upon its surroundings, displaying problem-solving capabilities similar to…

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