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Aug 17, 2022 · Industry 4.0, the Fourth Industrial Revolution, and 4IR all refer to the current era of connectivity, advanced analytics, automation, and advanced-manufacturing technology that has been transforming global business for years.
We are now in the fourth industrial revolution, also referred to as Industry 4.0. Characterized by increasing automation and the employment of smart machines and smart factories, informed data helps to produce goods more efficiently and productively across the value chain.
The Second Industrial Revolution, also known as the Technological Revolution, is the period between 1871 and 1914 that resulted from installations of extensive railroad and telegraph networks, which allowed for faster transfer of people and ideas, as well as electricity.
The Fourth Industrial Revolution (4IR), also known as Industry 4.0, is a new era of development in which digital, physical and biological systems converge, fundamentally transforming industries, economies and societies.
May 30, 2024 · Industry 4.0, also known as the Fourth Industrial Revolution, is transforming the manufacturing landscape through the integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), robotics, and 3D printing.
At its core, Industry 4.0 signifies a seismic shift marked by intelligent machines, connected devices, and informed, data-driven decisions. It’s revolutionizing traditional business models, transforming supply chain management, and redefining stakeholder interactions.
And a few decades later the Fourth Industrial Revolution, also known as Industry 4.0, has arrived to reshape manufacturing through a deep harnessing of data to automate, predict, control, and optimize operations.
