Industry 4.0—also called the Fourth Industrial Revolution
This wave of change in the manufacturing sector began in the mid-2010s and holds significant potential for operations and the future of production.
Industry 4.0 is revolutionizing the way companies manufacture, improve and distribute their products. Manufacturers are integrating new technologies, including Internet of Things (IoT), cloud computing and analytics, and AI and machine learning into their production facilities and throughout their operations, which is the realization of the digital transformation of the field, delivering real-time decision making enhanced productivity, flexibility and agility.