Industry 4.0 is based on the internet of things, this means, that in
industries or companies the value chain, including processes, products,
hardware, and software, among others, exists the necessity to implement
new knowledge technologies to implement and control Industry 4.0
interactions, in other words, with the advantages of industry 4.0 such
as the used of real-time data, big data, blockchain, human-machine
interaction, cyber-systems, among others, the electronic devices that
allowed this interaction and electronic data interchange centralize,
need to be in the highest possible reliability perform, aiming to be
able to carry out all these activities safely and effectively. In this
research, the objective is to introduce some general advantages of
Industry 4.0 and how reliability engineering is an important ally in the
performance of the functions of Industry 4.0. Then, this manuscript
presents the necessary knowledge and applications of reliability
engineering that can be implemented in Industry 4.0 as stress-strength
analysis in the case of equal shape parameters β_(s= ) β_S ;
stress-strength analysis β_(s ≠) β_S; Nonnormal capability index and
Weibull Capability index, by using Weibull++ Software and mathematical
procedure. Another target of this research is to demonstrate that by
using reliability engineering it is possible to have better control in
such a way that efficiency and productivity stay and even can increases.
Also, reliability engineering represents security and stable processes.
Finally, with the merging of Industry 4.0 and reliability engineering,
the making decision process is more reliable decision-making.