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KIROI - Artificial Intelligence Return on Invest
The AI strategy for decision-makers and managers

Business excellence for decision-makers & managers by and with Sanjay Sauldie

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

Start » Industry 5.0 (Glossary)
19 June 2024

Industry 5.0 (Glossary)

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Industry 5.0 is at home in the fields of Industry and Factory 4.0, automation and artificial intelligence. While Industry 4.0 was characterised by the comprehensive automation and networking of production processes, Industry 5.0 is taking a step further: here, humans and machines work together even more closely.

The objective of Industry 5.0 is to combine the strengths of humans – such as creativity, problem-solving, and flexibility – with the precision and speed of robots and artificial intelligence. This is intended to enable the production of more individual, sustainable, and efficient products.

A clear example: In a modern factory, a human works with an AI to design a personalised bicycle. The robot then manufactures the individual parts to measure. The human checks everything, contributes creative ideas and adjusts details to the customer's wishes.

Industry 5.0 therefore means that technology and humans complement each other, rather than replace each other. This can bring advantages for companies: They can respond better to special customer requests and implement new innovations more quickly. This creates a production that best combines human capabilities and technological possibilities.

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