1、1|PwC Decoding the Fifth Industrial Revolution:Marching towards a resilient,sustainable and human-centric futureDecoding the Fifth Industrial RevolutionMarching towards a resilient,sustainable and human-centric future2|PwC Decoding the Fifth Industrial Revolution:Marching towards a resilient,sustain
2、able and human-centric futureContents2.1.4.3.Six transformational shifts07PwC India research highlights03Steps for a resilient and responsible tomorrow23Industry 5.0 readiness:How companies can make these transformational shifts18According to PwC Indias latest research,93%of senior executives across
3、 six industries would like to be known for their sustainability initiatives,and yet achieve 2x to 3x profitable growth over the next three to five years.This is the Industry 5.0 paradigm.Sudipta Ghosh,Anirban Mukherjee and Raghav Manohar Narsalay give the lowdown.Prabha,an engineer in a heavy engine
4、ering plant,is at the control room.She receives a sudden alert on her cellphone about a potential machine failure on the shop floor and is informed that she has approximately 4 hours to handle the issue.The next instant she alerts her colleagues on the shop floor and schedules a call with them withi
5、n the next 30 minutes.On the call,her colleagues telecast the condition of the machine.The parameters of the machine are fed into its digital twin.With the help of the digital twin,Prabha simulates the scenario to find out what could happen,and course corrects accordingly to preempt the failure.Prec
6、isely 30 minutes prior to the machine failure,Prabha and her team succeed in taking corrective action and normalcy is restored.Simulation helps resolve the problem without any exposure to the hazardous site,and the swift action at the command centre helps increase the overall equipment effectiveness
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