Reliability Modeling with Industry 4.0 explores the emerging theoretical and practical developments in reliability engineering in highly digitized industries, including power, computer systems, railway systems, and robotics. Drawing on leading research from around the globe, as well as the latest in industry practice, this book provides cutting edge advice on how to integrate a fully digitized industry 4.0 system for enhanced reliability and reduced maintenance cost. Technologies such as big data, artificial intelligence, and the industrial internet of things are addressed in the context of reliability engineering, providing practical advice on applications. - Provides innovative reliability modeling tools related to the application of Industry 4.0 technologies - Includes case studies from industries such as rail, energy, and computer systems - Describes techniques for the successful digital transformation of industries for sophisticated reliability systems