INDUSTRY 4.0
While the first industrial revolution began in the early 1770s focussed on machines running on steam and water. Industry 2.0 initiated by the introduction of electricity that further raised productivity. Industry 3.0 initiated with the introduction of computers and automation by the 1970s. Industry 4.0 refers to the adoption of technologies like artificial intelligence, augmented reality, internet of things and cloud computing, to create a network of computerized machines able to pass information among each other. Connected machines will interact, visualize the production chain, and make decisions automatically and autonomously. The nine main pillars of industry 4.0 are: 1) Internet of Things – IOT refers to Networking and connectivity of smart devices that allow smooth and continuous transmission of data. 2) Augmented Reality - Augmented reality (AR) displays digital content in the real word through a device, such as a mobi...