Industry 4.0, also known as the Fourth Industrial Revolution, merges traditional manufacturing processes with smart technology. This marriage of the old and new creates a more streamlined and efficient system — one that’s run on data. The world’s data production has grown so quickly that 90% of all the world’s data was produced in the last three years. That’s 2.5 quintillion bytes in three years. But if organizations learn to sift through all the raw data, they can gather insights, allowing them to work more efficiently. So it isn’t hard to see why data is so valuable. And in an age where everything is constantly evolving, every industry needs to adapt to this data-driven world, including the manufacturing industry.
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