Lexicon of digitization: terms and expressions of industry 4.0

Realtime Yield Optimization

Variable price strategy in real-time, based on the understanding to anticipate and influence consumer behavior following the target of maximizing profit

Remote Maintenance

Remote maintenance solution to externally diagnose and maintain faults and problems of machines and plants

RFID

Technology for transmitter-receiver systems for the automatic and non-contact identification and localization of objects and human beings with radio waves

Robotics

Robotics connects the physical world with information technology and systems, deals with planning, development, operation, control and use of robots and computer systems, networking and data processing.

R

Realtime Yield Optimization

Variable price strategy in real-time, based on the understanding to anticipate and influence consumer behavior following the target of maximizing profit

Remote Maintenance

Remote maintenance solution to externally diagnose and maintain faults and problems of machines and plants

RFID

Technology for transmitter-receiver systems for the automatic and non-contact identification and localization of objects and human beings with radio waves

Robotics

Robotics connects the physical world with information technology and systems, deals with planning, development, operation, control and use of robots and computer systems, networking and data processing.

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