The industrial world is transforming with the rise of the smart industry and the growing abundance of data is becoming it’s key driver. For smart industry, data generated by machines and devices, cloud-based solutions, business management, etc., has reached a total volume of more than 1000 exabytes annually and is expected to increase 20-fold in the next ten years.
It is estimated that the data generated in a day in a current global scenario is equivalent to the data generated in the last decade. With the concept of Industry 4.0 shaping the production establishments in the modern manufacturing industry, the amount of data produced from the manufacturing sector grows rapidly.
In order to be competitive and to survive in the increasingly complex landscape of today, companies are pushed to transform into “Intelligent Enterprises” – capable of using data, people, and enterprise assets in aggregated and unique ways enabled by advanced technologies such as Big Data, IoT, Cyber-Physical Systems, etc.
In Smart Industry theme, GATE research explores the following research challenges: