Will Industry 4.0 See Sustainable Growth, Or Will The Bubble Burst?

Industry 4.0, also known as the Fourth Industrial Revolution, refers to the emerging era of connectivity between machines and humans, specifically in automation and manufacturing. It comprises the internet of things (IoT), cloud computing, cognitive computing and artificial intelligence, which help create real-time access to meaningful and actionable data. The history of industrial progress leading to Industry 4.0 includes the following periods: Industry 4.0 offers entrepreneurs and business managers countless applications across various market sectors, and as such is poised to have a significant impact on the way we all live and work. As increasingly tech-savvy consumers, we have seen many technology trends appear and generate hype. Some of these technologies bring with them genuine disruption and progress, while others may disappear completely or decline.