Lexicon of Digitization: relevant terms and expressions of Industry 4.0

Paperless Manufacturing

Digitized production without the need for documents or accompanying data sheets in paper form

PDA

Production data acquisition is a collective term for the acquisition of actual data on states and processes in plants

Plug & Play

(PnP) property of a computer to connect new devices – mostly peripherals – without having to install device drivers or making settings

Plug & Produce

Plug in and produce. Components perform control functions of the master computer itself

Predictive Analytics

Part of data mining – uses statistical variables to calculate how something is going to happen in the future

Predictive Maintenance

Predictive maintenance is a vast field of maintenance in the context of industry 4.0.

Predictive Quality

Prediction and assessment of current and future process conditions by evaluating the processes which have been positive or negative in the past

Process Mining

Process Mining offers the possibility of reconstructing and analysing business processes on the basis of digital footprints, identifying weak points and carrying out best-case studies.

P

Predictive Maintenance

Predictive maintenance is a vast field of maintenance in the context of industry 4.0.

Predictive Quality

Prediction and assessment of current and future process conditions by evaluating the processes which have been positive or negative in the past

Process Mining

Process Mining offers the possibility of reconstructing and analysing business processes on the basis of digital footprints, identifying weak points and carrying out best-case studies.

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