logo NAAC A++

MBA College in Delhi

Industry 5.0

Get Ready for Industry 5.0

The Fifth Industrial Revolution, Industry 5.0, characterized by the use of advanced technologies such as Analytics, Machine Learning, Artificial Intelligence, Immersive realities, the Internet of things, Robotics, and 3D Printing is all about leveraging advanced technologies to drive innovation and efficiency.

These technologies are used to create “Smart Factories”, where machines are connected and able to communicate with each other in real time, allowing the automatic exchange of data and information, making it more efficient, cost-effective, and sustainable. 

Analytics allows industries to gain insights into their operations by analyzing data from various sources. Machine Learning uses algorithms that can learn from data and make predictions or take actions based on the learning. Artificial Intelligence can automate tasks and make decisions that would be difficult or even impossible for humans.

That’s why we as a Business School are focusing on providing our students with the skills and knowledge they need to succeed in this new era. This includes courses on Data Analytics, Machine Learning, and Artificial Intelligence, training students on practical applications of these technologies for better decision-making.

But, this shift can’t just rely on technical skills and requires a change in mindset too, 

Collaborative Robots or “cobots” will be designed for simple and intuitive interaction with humans. They would act as interns or helping operators, capable of observing the actions of a human and replicating them.

There is an expected expansion of Digital Twins, which will become a necessary technology in factory 5.0. These are visual models of a product or process, and their virtual twin allows them to be better understood and tested.

The world of business is becoming increasingly complex and humans need machines that can assist in decision-making and reduce the workload by automating redundant processes. Industry 5.0 will provide interconnected machines that will assist data management across functional and organizational boundaries and expedite decision-making.

Kindly leave your Name and Email ID and we will get back to you...