PR-DA0321-1 - 2021 Digitalization Applications 101, March

Fourth Industrial Revolution

S. Matson, D. Willingham

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The Fourth Industrial Revolution (Industry 4.0) is the ongoing transformation of traditional manufacturing and industrial practices combined with the latest smart technology. Digitalization, smart manufacturing, as well as a few other terms all relate to Industry 4.0. At its core, Industry 4.0 makes use of digital technologies to improve business. This means business and manufacturing information (data) that is natively digital or digitized can come together and be used to solve complex business challenges.

Keywords: digitalization, industry 4.0