Fourth Industrial Revolution (Industry 4.0)

The fourth Industrial Revolution (Industry 4.0, aka IIoT, Industry Internet of Things) is here to stay. The key elements include digital technics for data visualization, robotics performing, elimination of hazards, and communication across the supply chain & multiple locations.

Prior to the fourth revolution, the Third Industrial Revolution, also known as the Digital Revolution, occurred in the late 20th century, after the end of the two world wars, resulting from a slowdown of industrialization and technological advancement compared to previous periods. The Fourth, Industry 4.0 is the trend toward automation and data exchange in manufacturing technologies and processes which include cyber-physical systems (CPS), IoT, industrial internet of things, cloud computing, cognitive computing, and artificial intelligence. Some people also said it led to an imagination age.

After we understood what Industry 4.0 is, we would like to invite you to read our series of Smart Manufacturing, to see how manufacturers can benefit from this trend.