Dear Vinh T. Nguyen ,

"When companies adopt Industry 4.0 methodology, they work digitally, harnessing the benefits of Big Data, Analytics, AI and Cloud Technology to work with connected devices and intelligent schedules. The result is a responsive operation with absolute control over its demand, inventory and production processes."

• 8 reasons companies will benefit from Industry 4.0

1. Higher Productivity

The ability to manufacture different products, at higher speeds and quality, with improved supply chain and distribution facilities, as well as faster decision making throughout, allows the Smart Factory to run at much greater efficiency.

2. Agile Processes

Flexible manufacturing allows for shorter production runs and more customization, improving the product range, mix and scalability. A company is able to collaborate with customers and suppliers over their specific needs and to accommodate any constraints.

3. Rapid Innovation

Experiments and prototyping can be performed quickly and even virtually using 3D design capabilities. Involving customers, suppliers and employees in the entire design and production process leads to better decision outcomes.

4. Reduced Costs

High levels of automation in Industry 4.0 require fewer people and result in less wasted materials and more efficient operation, with the effect of a direct lowering of operating costs.

5. Increased Revenues

The opportunity for the Smart Factory to supply higher value and better quality products to larger markets means that customer loyalty and more stable contracts can be achieved.

6. Better workplace

Staff are valued and supported by the addition of technology to their functional operations. Ergonomic workstations, improved training and collaboration make for safer and more fulfilling roles that allow for development within the company.

7. Improved Communication

High volumes of detailed data is collected, stored, processed and shared, providing valuable information about every step of the planning and production stages, reaching even further to inform service and support. Better information flow facilitates scheduling and prevents downtime or breakdowns, as well as promoting a more connected work environment.

8. Customer Satisfaction

Providing the customer with perfect quality at low cost and great availability, Industry 4.0 operation can't help but makes customers happy. Quick resolution of issues and excellent service ensures that they won't ever go anywhere else.

I think whatever maybe the students specialization they can got a lot of benefits from industry. For example if they are studying optimization models,they can have a great number of real problems generated from industry and can help the students in formulated actual problems,learning methods of solution,implementing the obtained results directly on real cases ,and the students can feel in this this case that they are studying important things for them and their society.