Understanding the new Context of Uncertainty and Risk under the 4th Industry Revolution

Abstract

The revolution towards the Industry 4.0, requires as a fundamental challenge the advanced treatment of risk in physical assets according to this new context. This revolution also includes the transition towards a new concept of assets and production systems giving rise to those known as cyber-physical systems (CPS) where the available information and knowledge about the systems and its behaviour should promote a level of control of the risk not known until now. In this context, the transition from classical model for risk management to other concepts, more flexible and dynamic is needed. It is the context that this paper is intended to illustrate, approaching risk control to the available data and technology.