Due to dynamic change in economic, radical and marketing factors across the universe, manufacturing industry is also changing. A signification revolution is happening in this industry, and the name of this revolution is Industry 4.0
What is Industry 4.0?
Industry 4.0 is a fourth industrial revolution, which connects digital technologies with industrial processes, logistics, products, and services. It is fueled by robotics, AI, smart manufacturing and Internet of Things (IoT).
The first industrial revolution was of Factories, came in the late 1700s, the second industrial revolution was of Automobiles, occurred during the early 20th century and the third industrial revolution began after World War II, the era of Computers.