Whether you and your organization choose to embrace the revolution or ignore it, there is no way to stop it and there is no way to shield yourself from its influence on the marketplace. So, What is Industry 4.0? The latest industrial revolution centers around the new world of smart, connected objects. This is the realm of autonomous factories and self-healing machines. This is the world depicted in the science fiction of the mid-twentieth century.
Through the convergent development of advanced computing power, sophisticated network technology, sensors, robotics, and analytic techniques, we are seeing the integration of systems both vertically and horizontally. We are seeing machines communicating with other machines and making decisions based on real-time data. We are entering a time when new rules are emerging and business processes are being evaluated anew.