What does “the Fourth Industrial Revolution” actually mean?
For me, it’s mostly about the internet of things (IoT). If you think back to the dim and distant past of the Third Industrial Revolution – which was centred around information technology and digitization – applications were about people or IT processes communicating. But now it’s machines and devices that are communicating, continuously and in ever greater numbers. The promise of real-time enterprise – organizations that can respond to need and demand instantaneously – is finally becoming a reality.
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