Industry 4.0 (or more correctly Industrie 4.0 - the term was first coined in Germany) refers to the fourth industrial revolution. From a simplified technological perspective the first industrial revolution was driven by the steam engine, the second by electrical energy and the electric motor and the third by programmable devices and robotics. The fourth industrial revolution is being driven primarily by the Internet of Things (IoT).
An Industry 4.0 implementation is characterised by four main features, interoperability (connectivity and communication between devices and between people and devices), information transparency (a more precise and informative digital picture of real-world status and activity), assistance (providing operators with technical advice on action to be taken) and decentralised decision-making (the ability of cyber-physical systems to makes decisions and to perform autonomously where human intervention was previously required).
It is estimated that Industry 4.0 has the potential to increase productivity by up to 50%, so it's definitely worth further investigation and that's what this blog intends to do.