Industry 4.0 is the fourth wave of the industrial revolution. It focuses on automation, real-time data, interconnectivity, and machine learning.
With industry 4.0, companies can understand their operations, analyze, and improve performance.
Industry 4.0 offers an excellent opportunity to change the way industry radically responds to the needs of society. Quite analogous to all other industrial processes, the fourth one will be driven by innovation blended with an intelligent, interconnected pervasive environment.
Yet another critical area of Industry 4.0 is the end-to-end digitization of product development, process improvement, and delivery. And with cutting-edge technologies, it is possible to create new opportunities in almost every business sphere.