The Fourth Industrial Revolution – A Game Changer for the Pump Industry

On this episode of FlowCast by Trillium Flow Technologies, host Courtney Echerd talked with Neil Langdown, Global Product Director of Pumps at Trillium, about the fourth industrial revolution in the pump industry.

The first industrial revolution was mechanization, with things such as the water wheel, windmill and steam power. The second was around the early 20th century, and that was all mass production and the assembly line. In the 1960s, there was the third industrial revolution, which was computerization and automation.

About four years ago, the fourth industrial revolution began, involving a fusion of cyber and physical systems. It has also been called Industry 4.0. In the United States, it’s known as smart manufacturing.

“But, effectively, it’s about artificial intelligence, cloud computing, 3D printing, big data analytics, augmented reality, and, of course, the industrial Internet of Things,” Langdown said. “But, I suppose you could distill all of that into the underlying premise, which is that, by using different technologies, we can communicate with each other to increase production, identify bottlenecks and potentially identify issues before they cause a premature failure.”

This will impact the rotating equipment industry, such as pumps, compressors and turbines. The traditional model of service was to run the pump to failure. The end user would call their service provider or OEM to find a solution. It was a reactive approach. Later, in the evolution of pumps, providers moved toward a more preventative maintenance approach, where the pump’s condition is monitored.

Listen to hear more about how the fourth industrial revolution is impacting the pump industry.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

IoT adoption
As Congress Seeks Feedback on IoT Adoption, IoT Experts Should Seek Opportunities for Cross-Discipline Collaboration
October 3, 2023

In August 2023, the National Institute of Standards of Technology (NIST) put out a request for comments on the Preliminary Update from the Internet of Things Federal Working Group (IoTFWG), which aims to provide the nation direction on how to improve IoT adoption and expand its use cases for the future of industrial, corporate, […]

Read More
retailers return strategy turn returns into revenue
Returns Cost Retailers Billions. Making Them Even Easier for Customers Will Turn Returns into Revenue.
October 3, 2023

Recently, fashion retailer H&M began charging its UK customers a small fee for returning online purchases in-store — and then hurriedly backtracked on this strategy. Meanwhile, the National Retail Federation found that returns resulted in $816 billion in lost sales for retailers in the United States last year. It should be no surprise, then, […]

Read More
modern workspace innovations
Breaking Conventional Boundaries: A Dive into Modern Workspace Innovation with Workspace48’s Craig McPhail
October 3, 2023

The conversation around modern workspace innovation has recently become more pertinent as organizations seek to adapt to new-age working conditions, accelerated by the global pandemic. Challenging the conventional workspace models pave the way for more flexible, efficient, and technologically driven solutions. According to a survey by the Pew Research Center, about 54% of adults […]

Read More