Industry 4.0 – Are we there yet?
The world is currently experiencing the fourth industrial revolution – or Industry 4.0. This is an era of digital transformation characterised by the introduction of AI and machine learning, connectivity (the Internet of Things or IoT), and big data – all of which are powered by cloud computing. To put it another way, there is much more computing power and much more storage. And, combined together, this is giving us data analytics at a whole new level. These are exciting times and we see examples in nearly all facets of our lives.