Tag: industry 4.0

What is Industry 4.0?

The New Industrial Revolution is changing the way products are made and shaping the future. The fourth industrial revolution, Industry 4.0, will introduce better products to the market in less time and at a lower cost. Industry 1.0, mechanization, replaced animal and human labor with machines, which was driven by the steam and internal combustion engine. Industry 2.0 was characterized by mass production. Assembly lines increased productivity and efficiency, and …
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