industry 4 - international innovation centersmanu melwin joy assistant professor scms school of...

INDUSTRY 4.0

Prepared By

Manu Melwin Joy

Assistant ProfessorSCMS School of Technology and Management

Kerala, India.

Phone – 9744551114Mail – manu_melwinjoy@yahoo.com

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Fourth Industrial Revolution

• The Fourth IndustrialRevolution, or 4IR, isthe fourth majorindustrial era sincethe initial IndustrialRevolution of the 18thcentury.

Fourth Industrial Revolution

• The Fourth IndustrialRevolution can bedescribed as a range ofnew technologies thatare fusing the physical,digital and biologicalworlds, and impactingall disciplines,economies andindustries.

Fourth Industrial Revolution

• The Fourth IndustrialRevolution builds on theDigital Revolution,representing new waysin which technologybecomes embeddedwithin societies andeven the human body.

Fourth Industrial Revolution

• The Fourth IndustrialRevolution is marked byemerging technologybreakthroughs in a numberof fields, including robotics,artificial intelligence,nanotechnology,biotechnology, The Internetof Things, 3D printing andautonomous vehicles.

Fourth Industrial Revolution

• In his book, The FourthIndustrial Revolution,Professor Klaus Schwab,Founder and ExecutiveChairman of the WorldEconomic Forum, describeshow this fourth revolution isfundamentally different fromthe previous three, whichwere characterized mainlyby advances in technology.

Fourth Industrial Revolution

• These technologies havegreat potential to continueto connect billions morepeople to the web,drastically improve theefficiency of business andorganizations and helpregenerate the naturalenvironment throughbetter asset management.

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