Industrial Revolution

               Industry 4.0 refers to a new industrial technology era that is transforming current systems, sensors, machines and workloads. The phrase ‘fourth industrial revolution’ was first introduced by Klaus Schwab in 2015 in the article in foreign affairs. First industrial Revolution started 18^th century, second Industrial Revolution in 19^th century, third Industrial Revolution started in mid 19^th century and now we are facing Industry 4.0.

                The fourth Industrial Revolution is fundamentally different from the previous three, which were characterized mainly by advances in technology. In this revolution, technologies have great potential to continue to connect billions of more people to the web, significantly improve the efficiency of business and organizations and help to regenerate the natural environment through better asset management.