Technology has expanded in leaps and bounds since the First Industrial Revolution. Since crossing into the 21st century, we’ve seen computers and subsequent digitalization enhance our technological capabilities more than a hundred-fold. This period of computer technology has changed how we exchange information, communicate and work. Much of this is thanks to the introduction of advanced data analytics, the Internet of Things (IoT), cloud computing, artificial intelligence (AI) technologies and machine learning.
While many companies and entire industries are still in the middle of this fourth revolution that started in 2011, Industry 5.0 is on the horizon. Below, we’ll briefly explore how the technology of today is quickly propelling us into the next industrial revolution.
The Evolution of Industry from Advanced Technology Services, a provider of preventive maintenance manufacturing services.