Industry and business are being transformed by a new wave of digital technology.
Mobile sensors can track inventory from the manufacturing floor, all the way through the shipping channel, to a retail shelf or a customer’s door. Machines send out alerts about quality control, errors, supply shortages or breakdowns. Predictive software automatically schedules maintenance for trucking fleets based on travel data and past repair timelines. Behavioral analytics help financial institutions spot suspicious activity in bank and credit card accounts.
All of this is enabled by various technologies: mobile, cloud computing, analytics, automation, artificial intelligence (AI), the Internet of Things (IoT), 3D printing, autonomous robots, and augmented- and virtual reality (AR/VR).
This type of intelligent, interconnected ecosystem has been dubbed the fourth industrial revolution. Known simply as Industry 4.0, it’s a potent combination of technologies that adds accuracy, efficiency, productivity and personalized customer service to business and industry in unprecedented ways.
What does this all mean for your career? In simple terms, skilled individuals are required to create the technologies, business processes, implementation strategies, and support solutions that will make Industry 4.0 a tangible reality.
In other words, Industry 4.0 offers a vast breadth of career opportunities in a range of different fields.