Sensors, data integration and analytics, and robots are just some of the technologies that make up the fourth industrial revolution.
The changes in business brought by technology are often called a fourth industrial revolution, or Industry 4.0. Whatever you call it, it’s changing how business is done in some significant ways. Here are five things to know about Industry 4.0.
Sensors are key: The industrial internet relies on connected sensors that don’t just monitor processes, but also transmit those readings where they can be added to others for a more complete picture. 12% of industrial sensors in the US include smart sensors.
Ilika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.