Are you ready for Industry 5.0?

Are you ready for Industry 5.0

Adapting to industrial changes can still be a challenge for some companies. However, progress has not stopped since the beginning of the first industrial revolution in the 1800s. After centuries of investment in new devices and more sophisticated equipment, companies can finally welcome Industry 5.0. What does this mean for Industry 4.0? And what will the fifth industrial revolution consist of? This article is the answer to all your questions.

What does Industry 5.0 mean?

We didn’t fully integrate Industry 4.0, so why are we already talking about industry 5.0? While Industry 4.0 aimed to link automation and digitization, Industry 5.0 establishes a collaboration between humans and machines.

The fifth revolution is about connecting humans to robots and making them work together. The fourth revolution started around 2010 and changed the way businesses operate. Thanks to advanced technologies and automation, many companies have been able to replace humans with robots. Industry 4.0 influenced so many companies so far. Some are still adapting to the technologies brought by Industry 4.0. Does this mean the end of Industry 4.0? The fourth revolution is not over yet and will continue to impact many businesses.

However, the focus is now on Industry 5.0, one of the main industrial manufacturing trends in 2022. Simply put, Industry 5.0 is the reintroduction of humans into the industrial structure. Here, humans and machines reconcile and collaborate to benefit from new production efficiencies. Companies that are just beginning to adapt to Industry 4.0 may find themselves in the middle of this new industrial revolution.

Types of industrial revolutions from 1 to 5, with estimated years and details

What does Industry 5.0 mean for manufacturing?

In Industry 5.0, the robotic manufacturing colleague is expected to act as a human companion, which helps to improve production processes and reduce waste and costs. The interaction between humans and computerized machines will dramatically improve the optimization and automation of many businesses. The collaboration between the two entities in charge of industrial processes will offer new techniques and ideas for managing a workforce comprising both people and software robots.

Besides robots, the next level of industrial revolution will bring cobots or, in other words, collaborative robots. Cobots can observe, learn and perform tasks in the same way as humans. By working with humans, it is possible to increase production efficiency and improve operations. By merging workflows with intelligent systems, this collaboration of people and machines will also help organizations focus on enhancing brain potential and creativity.

Manufacturers will benefit from eliminating repetitive tasks. Once robots become more accessible, businesses will embrace AI machines to increase productivity and empower workers. Industry 5.0 will therefore create more jobs than it eliminates, as new skills will be needed in programming, control of intelligent systems and emerging technologies.

Important Factors of Industry 5.0

Industry 5.0 having just entered the market, we wonder about the impact of this new industrial revolution on life and work. No need to worry because:

  • Robots are not meant to replace humans but to cooperate with them.

Some people worry about the impact of robotics development on human life. While robots are more reliable than humans and are better at precision work, they lack adaptability and critical thinking. The main purpose of robots is to fulfill their assigned mission of offering help and improving our lives when they collaborate with people.

  • Industry 5.0 will bring greater benefits to the market than Industry 4.0.

Industry 5.0 could not exist without Industry 4.0 which brought automation. However, it will change the automation of manufacturing tasks while allowing consumers to acquire goods and services tailored to their needs.

  • Customization, not mass production.

Thanks to Industry 5.0, people will be able to better personalize their products, because original designs require human intervention.

  • Psychology will control technology.

Ensuring product quality requires human intervention. In Industry 4.0, many products created for large scale did not need human contact. But the new revolution will allow workers to intervene on the product with the help of robotics and psychological analysis.

  • Industry 5.0 is inevitable.

With the development of technology, there is no going back. Everything is computerized these days. So, instead of thinking about the meaning of robotics, it is better to focus on implementing changes and preparing workplaces and the workforce for these changes.

Are you ready for the new industrial revolution?

Without constant development, man could not exist. Consequently, the world and the industrial sectors are experiencing revolutions. But how will the development of robots and cobots translate into human life? Can we expect these machines to present dangers like in some science fiction movies?

The question of the need for the development of robots is controversial because, on the one hand, it evokes a list of improvements, if only in manufacturing, but also in transport, health care, agriculture, exploration of earth and space. On the other hand, it creates a fear of the unknown. We just don’t know what the future holds; we can only predict. But there is a danger with every new invention. That doesn’t mean we should stop discovering and improving.

The truth is that people already have contact with robots by chatting with them (chatbots), getting information from virtual assistants (Alexa/Siri), driving (parking sensors) and much more. With more jobs, customized products, automated machines and happy customers, Industry 5.0 is becoming a possibility for many companies. But before that, governments around the world, as well as big tech companies, need to establish a framework to define the rules of artificial intelligence.

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