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How Will Data Science On IoT Devices Change Industry 4.0?

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We have begun referring to the digital transformation of manufacturing, production, and related industries, as well as value creation processes, as Industry 4.0. It is comparable to the fourth industrial revolution and marks a new development in the management and organization of the industrial value chain. In order to address the most critical use cases and create a more efficient process, comprehensive real-time analytics capabilities are required, given IoT devices' hardware development and capacity to collect enormous amounts of data. This is where data science and analytics comes in. For instance, we require sensors to record the temperature regularly and alert us if we go above certain thresholds to determine whether the cold chain is being maintained while transporting COVID vaccines from India to Barbados. In this article, we'll go over a few use cases where IoT data analytics can significantly improve the entire supply chain's operation and result in significant ...