The Internet is an absolutely incredible invention that has revolutionized the world as we once knew it. There is nothing that cannot be found on the Internet and the information is absolutely astonishing. Also, the amount of businesses that have been launched as a result of the Internet is second to none and it continues to innovate and change the world that we live in. Some people are better than others when it comes to using it to their advantage.

Key Takeaways:

• Industry 4.0 or Industrial Internet is a word used to denote the new era of manufacturing where machines are connected through networks to make decentralized decisions.
• The internet of things (ioT) solves real life problems from energy usage to personnel without having you employing and having much personnel maintaining the daily operations.
• The internet of Things is purported by a study to help reduce costs by 3.6%. These costs range from energy costs to inventory waste and equipment downtime.

“An evolution from Automation & Robotics, Industry 4.0 is the combination of computers and machine learning algorithms that gives equipment the ability to adjust and control processes based on data it collects.”

Read more: https://spectrum.ieee.org/telecom/internet/the-industrial-internet-of-things