Industrial technology is a subject of study that is intended to prepare technical and management experts for work in the manufacturing and distribution industries, education, and government. The management, operation, and maintenance of sophisticated technological systems, such as those involving materials, manufacturing processes, management, economics, human relations, quality control, computer applications/CAD/CAM, and electronics and automation, are the main responsibilities of industrial technology.
Computers, robotics, management software, enterprise resource planning systems, and cutting equipment are just a few examples of applied industrial technology. Today, technology is so pervasive that investing in it may be profitable across all industrial sectors. However, it's important to note how technologically advanced each of these applications is. The industry through various stages of development, and industrial technology stood in the way of each of them.
When we think about technology and industry, we tend to picture massive robotic machines, extremely intelligent machinery, sensors, and other gadgets that are a part of the current industrial landscape. However, if we consider the idea of technology, as was previously indicated, we get to the conclusion that the First Industrial Revolution in the 18th century marked the birth of industrial technology. Since then, and particularly after the development of the steam engine, the use of knowledge to scale industrial production has already become commonplace. We refer to this as Industry 1.0.
The Second Industrial Revolution, which began in the 19th century, and Industry 3.0, which saw the invention of the first computers and electronic gadgets, began in the 1970s, represented the next two stages of industrial development. The industry is currently going through a change. The concepts of Industry 4.0 — integration, automation, scalability, real-time, etc. — are growing together with it. In other words, we might argue that industrial development and its technologies are reaching their pinnacle right now.
The benefits of using industrial technology :
- Cost reduction
- More productivity
- More precision and quality in processes of industrial technology