Future of Automated Factory: Industry 4.0, functions, applications and benefits. Components of Industry4.0, Internet of Things (IOT), IOT applications in manufacturing, Big-Data and Cloud Computing for IOT, IOT for smart manufacturing, influence of IOT on predictive maintenance, industrial automation, supply chain optimization, supply-chain & logistics, cyber-physical manufacturing systems. - Virtual Engineering - Learn CAD/CAE/CFD/DEM/MPS simulation in one platform