As industry 4.0 technology continues to advance, existing data can be harnessed to develop machine-learning solutions that deliver real value, optimize decision making, increase flexibility, and attract top talent.

Today we are going to learn more about "under one roof" in manufacturing. All disciplines are under one roof, which brings several advantages.

One of the main tenets of Industry 4.0 is data collection. Machine tools will have sensors that will collect many different kinds of data, including data on how much the machine has operated, the conditions it has operated in, and the condition of the components of the tool.

With the implementation of the import substitution policy in Russia, the output of machine tools has increased, and the replacement of equipment has become one of the priority projects of Russia's "development strategy for the machine tool industry before 2030", which will inject huge business opportunities for the Russian machine tool industry.

Blockchain (or block chain) is a concatenated text record that connects and protects content by cryptography. Each block contains the encrypted hash of the previous block, the corresponding timestamp, and transaction data. This design makes the content of the block difficult to tamper with characteristic.