Abstract
With the advent of 4 th Industrial Revolution (4iR or Industry 4.0), the current industry sector is highly automated to increased productivity, flexibility, and quality of products & services. The technology, machinery, materials, inputs, and approaches are radically transforming in the traditional manufacturing companies using several enabling technologies, tools, and systems in this digitization era. Industry 4.0 is the game changer to the end of the conventional applications where computation and simulation play a pivotal role in forecasting and evaluating methodically intractable systems' performance. In this paper, the authors describe the prominence of computation and simulation technology in this industrial transformation and analyze the current challenges and opportunities of computational simulation technologies and tools to uphold the effectiveness.
Highlights
Since last few years, most of the industries, whether it is manufacturing or services have improved the productivity, product quality, and mechanism of operations using innovative technologies [1]
The analysis indicated 71% of the considered article mention engineering concerns, 44.4% refers to communications matters, and 18.4% were related to business process management. 470 articles found in the search were more refined using 3 specific keywords to characterize "simulation technology"
The computation and simulation would continue as the prime constituent for the industries to benefit from the fourth industrial paradigm
Summary
Most of the industries, whether it is manufacturing or services have improved the productivity, product quality, and mechanism of operations using innovative technologies [1]. It is because modern industries are experiencing change and development toward complete digitization and production intelligence to attain high efficiency [2]. The simulation and modeling are the foundation technology in product manufacturing in industry 4.0.
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