4th Industrial Revolution

A technological revolution is a period in which one or more technologies is replaced by another technology in a short amount of time. It is an era of accelerated technological progress characterized by new innovations whose rapid application and diffusion cause an abrupt change in society.

Industry 4.0 is the subset of the fourth industrial revolution that concerns industry. The fourth industrial revolution encompasses areas which are not normally classified as industry, such as smart cities for instance.

Although the terms industry 4.0 and Industrial Revolution 4th are often used interchangeably, industry 4.0 refers to the concept of factories in which machines are augmented with wireless connectivity and sensors, connected to a system that can visualise the entire production line, control, and make decisions on its own.