The 4th Industrial Revolution: Industry 4.0

Lawyou — viernes, 26 de febrero de 2021

Industry 4.0, also known as advanced manufacturing, allows for the control and improvement of existing manufacturing processes by incorporating motorized systems, enabling user and machine interaction.

What is it?

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LAWYOU experts emphasize that it is based on the incorporation of intelligence in production means and systems, to take advantage of the benefits enabled by emerging capabilities and technologies in the manufacture of new products and process improvement. As well as the use of the Internet of things (internet of things), which pursues the interconnection between machines so that they can be more independent.

Through this digitalization and coordination, together with the use of advanced materials, it is possible to achieve high added value or improved processes. Which, consequently, implies greater efficiency and sustainability of the resources used.

What is its objective?

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The main objective, according to LAWYOU experts, is to implement «smart factories», i.e. factories capable of adapting to production needs and processes by allocating resources more efficiently.

Mainly, thanks to its application, better use will be made of those resources, capabilities and knowledge that the company already has. In the same way, being supported by the incorporation of new technologies, it allows to manufacture in an improved way and to differentiate from the competition, both in the quality of the product, as in its cost.

What legal challenges do we face?

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First of all, this revolution may create the loss of numerous jobs that will be automated by machines. To ensure that the same does not happen to legal professionals, LAWYOU’s lawyers advise that they should have specialized training that will allow them to advise in a new way adapted to the new profile of clients, who are more digitalized.

In addition, the need for advice to companies will increase from the formation of this one. This new form of advice has manifested itself in recent times with the need to have, for example, a compliance officer. Also, data protection, intellectual or industrial property protection, patents, etc., will be areas in need of professionals.

Where are we at now?
Currently, this technology is not a reality, since it is first necessary to overcome the challenge of developing software and analysis systems that transform the huge amount that factories produce into useful information.

However, from LAWYOU we do not want to lose sight of the future, in which the industry will undergo a profound transformation of working environments and the relationship between factories, always with the aim of improving productivity and customer service.

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