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Fourth industrial revolution in particular

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Reference no: EM133022089

Industry 4.0 (IR4.0) or the fourth industrial revolution in particular, refers to major changes affecting the manufacturing industry,supply chain and logistics. Many refer to IR4.0 as Evolution towards a 'smart-factory'. However, IR4.0 has a broader impact i.e. to the entire sector of care health all the way to the retail sector. IR4.0 is also driven by cyber and physical sophistication, advances in robotics, big-data and analytics, cloud technology (cloud-computing), mobile devices, machines and deep learning, and most importantly the Internet-Of-Things (IoT).

Reference no: EM133022089

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