Paper Title
IIOT and Industry 4.0

Abstract
Industry 4.0 is a newly introduced strategic initiative by the German Government. The aim of the project is to transform global production by digitizing and leveraging the potential of emerging technologies. Thus, an Industry 4.0 production system is flexible and allows for individual and customized products. The aim of this paper is to present and facilitate an understanding of the concepts of Industry 4.0, its drivers, enablers, goals and constraints. They describe building blocks and present smart factory concept. A RAMI4.0 model of reference architecture and the role of standardization in the future implementation of the Industry 4.0 concept are addressed. The current status of the German companies' readiness for Industry 4.0 is outlined and commented. Finally, whether Industry 4.0 is truly a disruptive concept or simply a natural incremental development of industrial production systems is discussed. Keywords - IIOT, Industry 4.0, Industry, Smart operation, Cyber-Physical system(CPS).